YEARLY HIGH
1.2574 JMD
YEARLY LOW
1.1074 JMD
YEARLY AVERAGE
1.1866 JMD

2021 ISK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1.2574. Conversely, the yearly low was recorded on January 15, dropping to 1.1074.

This high-to-low spread represents a total annual volatility of 0.1500 JMD. From a start-to-finish perspective, comparing the January average rate of 1.1216 to the December average rate of 1.1867, the exchange rate registered a net change of 5.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2574 was up 8.21% compared to the 2020 peak of 1.1620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,287 JMD
2020 Average 5,254 JMD
Yearly Trough Low 5,537 JMD
Transaction Impact: A difference of 749.89 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2397
1.1109
JanuMarcMayJulySeptNove

ISK 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 1.1805, compared to 1.1926 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0122 points.

H1 Avg (JanтАУJun) 1.1805
H2 Avg (JulтАУDec) 1.1926

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1053 JMD (High: 1.2574 / Low: 1.1521). On the other end, December was the most stable month, with a tight range of 0.0229 JMD (High: 1.2001 / Low: 1.1773).

April Spread (Volatile) ┬▒0.1053
December Spread (Stable) ┬▒0.0229

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0541 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.1878) against the same month in 2020 (average: 0.9524), the exchange rate shifted by +0.2353 (+24.71%).

2021 Avg (April) 1.1878
2020 Avg (April) 0.9524

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 1.1381 1.1074 1.1216
February 1.2002 1.1320 1.1677
March 1.1962 1.1393 1.1579
April 1.2574 1.1521 1.1878
May 1.2390 1.2067 1.2225
June 1.2423 1.2110 1.2253
July 1.2536 1.1985 1.2290
August 1.2535 1.1938 1.2200
September 1.1960 1.1298 1.1660
October 1.2044 1.1298 1.1644
November 1.2003 1.1687 1.1897
December 1.2001 1.1773 1.1867