2021 JMD to NGN Historical Review

YEARLY HIGH

2.8198 NGN

YEARLY LOW

2.4806 NGN

YEARLY AVERAGE

2.6779 NGN

2021 JMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 2.8198. Conversely, the yearly low was recorded on April 30, dropping to 2.4806.

This high-to-low spread represents a total annual volatility of 0.3392 NGN. From a start-to-finish perspective, comparing the January average rate of 2.6902 to the December average rate of 2.6637, the exchange rate registered a net change of -0.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.8198 was down 2.83% compared to the 2020 peak of 2.9019, 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 14,099 NGN

2020 Average 13,402 NGN

Yearly Trough Low 12,403 NGN

Transaction Impact: A difference of 1,695.96 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.7705

2.5878

JanuMarcMayJulySeptNove

JMD to NGN 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 2.6620, compared to 2.6939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0319 points.

H1 Avg (Jan–Jun) 2.6620

H2 Avg (Jul–Dec) 2.6939

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.3079 NGN (High: 2.7885 / Low: 2.4806). On the other end, November was the most stable month, with a tight range of 0.0371 NGN (High: 2.6675 / Low: 2.6304).

April Spread (Volatile) ±0.3079

November Spread (Stable) ±0.0371

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.0916 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0916

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 2.6328) against the same month in 2020 (average: 2.7424), the exchange rate shifted by -0.1096 (-4.00%).

2021 Avg (March) 2.6328

2020 Avg (March) 2.7424

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	2.7747	2.6042	2.6902
February	2.7357	2.5272	2.6030
March	2.8198	2.5216	2.6328
April	2.7885	2.4806	2.6133
May	2.7751	2.4825	2.6828
June	2.7811	2.7257	2.7499
July	2.7637	2.6480	2.6912
August	2.7183	2.6535	2.6744
September	2.7995	2.7180	2.7552
October	2.8075	2.6592	2.7352
November	2.6675	2.6304	2.6436
December	2.6872	2.6388	2.6637

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा