2021 MMK to JMD Historical Review

YEARLY HIGH

0.1107 JMD

YEARLY LOW

0.0753 JMD

YEARLY AVERAGE

0.0945 JMD

2021 MMK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.1107. Conversely, the yearly low was recorded on October 6, dropping to 0.0753.

This high-to-low spread represents a total annual volatility of 0.0354 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1084 to the December average rate of 0.0867, the exchange rate registered a net change of -19.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1107 was down 3.19% compared to the 2020 peak of 0.1143, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 553 JMD

2020 Average 517 JMD

Yearly Trough Low 377 JMD

Transaction Impact: A difference of 176.95 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1112

0.0768

JanuMarcMayJulySeptNove

MMK to JMD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1015, compared to 0.0874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.1015

H2 Avg (Jul–Dec) 0.0874

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0132 JMD (High: 0.0920 / Low: 0.0788). On the other end, December was the most stable month, with a tight range of 0.0008 JMD (High: 0.0872 / Low: 0.0863).

September Spread (Volatile) ±0.0132

December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0096 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.1069) against the same month in 2020 (average: 0.0964), the exchange rate shifted by +0.0105 (+10.88%).

2021 Avg (February) 0.1069

2020 Avg (February) 0.0964

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1102	0.1068	0.1084
February	0.1107	0.1055	0.1069
March	0.1072	0.1030	0.1046
April	0.1071	0.0976	0.1040
May	0.0990	0.0904	0.0944
June	0.0914	0.0901	0.0909
July	0.0944	0.0906	0.0929
August	0.0942	0.0920	0.0935
September	0.0920	0.0788	0.0848
October	0.0860	0.0753	0.0797
November	0.0880	0.0845	0.0869
December	0.0872	0.0863	0.0867