YEARLY HIGH
0.1086 ZAR
YEARLY LOW
0.0904 ZAR
YEARLY AVERAGE
0.0982 ZAR

2021 JMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.1086. Conversely, the yearly low was recorded on June 6, dropping to 0.0904.

This high-to-low spread represents a total annual volatility of 0.0182 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1049 to the December average rate of 0.1029, the exchange rate registered a net change of -1.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1086 was down 24.38% compared to the 2020 peak of 0.1436, 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 543 ZAR
2020 Average 581 ZAR
Yearly Trough Low 452 ZAR
Transaction Impact: A difference of 90.92 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1060
0.0919
JanuMarcMayJulySeptNove

JMD to ZAR 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 0.0980, compared to 0.0984 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0004 points.

H1 Avg (JanтАУJun) 0.0980
H2 Avg (JulтАУDec) 0.0984

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0084 ZAR (High: 0.1045 / Low: 0.0961). On the other end, May was the most stable month, with a tight range of 0.0026 ZAR (High: 0.0946 / Low: 0.0920).

November Spread (Volatile) ┬▒0.0084
May Spread (Stable) ┬▒0.0026

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0062 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1049) against the same month in 2020 (average: 0.1071), the exchange rate shifted by -0.0022 (-2.08%).

2021 Avg (January) 0.1049
2020 Avg (January) 0.1071

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Month High Low Average
January 0.1086 0.1020 0.1049
February 0.1027 0.0957 0.0986
March 0.1038 0.0991 0.1017
April 0.1004 0.0924 0.0965
May 0.0946 0.0920 0.0933
June 0.0956 0.0904 0.0931
July 0.0969 0.0934 0.0949
August 0.0997 0.0927 0.0961
September 0.1023 0.0942 0.0976
October 0.1020 0.0954 0.0990
November 0.1045 0.0961 0.1001
December 0.1044 0.1012 0.1029