YEARLY HIGH
9.9298 JMD
YEARLY LOW
9.0245 JMD
YEARLY AVERAGE
9.5960 JMD

2021 EGP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 9.9298. Conversely, the yearly low was recorded on January 2, dropping to 9.0245.

This high-to-low spread represents a total annual volatility of 0.9053 JMD. From a start-to-finish perspective, comparing the January average rate of 9.1753 to the December average rate of 9.8227, the exchange rate registered a net change of 7.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.9298 was up 4.74% compared to the 2020 peak of 9.4808, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 49,649 JMD
2020 Average 44,898 JMD
Yearly Trough Low 45,123 JMD
Transaction Impact: A difference of 4,526.46 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.9600
9.1039
JanuMarcMayJulySeptNove

EGP 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: JanтАУJun) was 9.4702, compared to 9.7218 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.2516 points.

H1 Avg (JanтАУJun) 9.4702
H2 Avg (JulтАУDec) 9.7218

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.5545 JMD (High: 9.8319 / Low: 9.2774). On the other end, November was the most stable month, with a tight range of 0.1065 JMD (High: 9.9298 / Low: 9.8233).

April Spread (Volatile) ┬▒0.5545
November Spread (Stable) ┬▒0.1065

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.2921 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2921

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 9.8886) against the same month in 2020 (average: 9.3891), the exchange rate shifted by +0.4995 (+5.32%).

2021 Avg (November) 9.8886
2020 Avg (November) 9.3891

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Month High Low Average
January 9.3184 9.0245 9.1753
February 9.6602 9.3235 9.5617
March 9.6254 9.2296 9.3878
April 9.8319 9.2774 9.5293
May 9.8530 9.4995 9.6193
June 9.6200 9.4535 9.5476
July 9.8989 9.4828 9.7418
August 9.8699 9.6397 9.8017
September 9.6472 9.3815 9.5095
October 9.8292 9.3161 9.5662
November 9.9298 9.8233 9.8886
December 9.9070 9.7582 9.8227