YEARLY HIGH
0.6524 CVE
YEARLY LOW
0.5927 CVE
YEARLY AVERAGE
0.6215 CVE

2021 JMD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.6524. Conversely, the yearly low was recorded on May 1, dropping to 0.5927.

This high-to-low spread represents a total annual volatility of 0.0596 CVE. From a start-to-finish perspective, comparing the January average rate of 0.6310 to the December average rate of 0.6348, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6524 was down 65.73% compared to the 2020 peak of 1.9037, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,262 CVE
2020 Average 3,443 CVE
Yearly Trough Low 2,964 CVE
Transaction Impact: A difference of 298.19 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6377
0.6023
JanuMarcMayJulySeptNove

JMD to CVE 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 0.6190, compared to 0.6240 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0050 points.

H1 Avg (JanтАУJun) 0.6190
H2 Avg (JulтАУDec) 0.6240

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0514 CVE (High: 0.6453 / Low: 0.5940). On the other end, December was the most stable month, with a tight range of 0.0103 CVE (High: 0.6384 / Low: 0.6281).

April Spread (Volatile) ┬▒0.0514
December Spread (Stable) ┬▒0.0103

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 0.0197 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.6347) against the same month in 2020 (average: 0.6514), the exchange rate shifted by -0.0167 (-2.56%).

2021 Avg (October) 0.6347
2020 Avg (October) 0.6514

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

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Month High Low Average
January 0.6379 0.6224 0.6310
February 0.6254 0.6021 0.6113
March 0.6489 0.6085 0.6316
April 0.6453 0.5940 0.6197
May 0.6119 0.5927 0.6053
June 0.6387 0.6060 0.6150
July 0.6284 0.6009 0.6131
August 0.6196 0.6010 0.6095
September 0.6471 0.6148 0.6286
October 0.6524 0.6159 0.6347
November 0.6336 0.6137 0.6234
December 0.6384 0.6281 0.6348