YEARLY HIGH
42.8721 JMD
YEARLY LOW
38.9878 JMD
YEARLY AVERAGE
41.3331 JMD

2021 QAR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 42.8721. Conversely, the yearly low was recorded on January 6, dropping to 38.9878.

This high-to-low spread represents a total annual volatility of 3.8843 JMD. From a start-to-finish perspective, comparing the January average rate of 39.5840 to the December average rate of 42.3998, the exchange rate registered a net change of 7.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 42.8721 was up 3.66% compared to the 2020 peak of 41.3598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 214,361 JMD
2020 Average 194,938 JMD
Yearly Trough Low 194,939 JMD
Transaction Impact: A difference of 19,421.55 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

42.9945
39.2739
JanuMarcMayJulySeptNove

QAR 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 40.7886, compared to 41.8775 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.0889 points.

H1 Avg (JanтАУJun) 40.7886
H2 Avg (JulтАУDec) 41.8775

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 2.2602 JMD (High: 42.2866 / Low: 40.0264). On the other end, November was the most stable month, with a tight range of 0.4206 JMD (High: 42.8721 / Low: 42.4516).

April Spread (Volatile) ┬▒2.2602
November Spread (Stable) ┬▒0.4206

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 1.1483 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1483

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 42.6844) against the same month in 2020 (average: 40.3615), the exchange rate shifted by +2.3229 (+5.76%).

2021 Avg (November) 42.6844
2020 Avg (November) 40.3615

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 40.2209 38.9878 39.5840
February 41.5997 40.2990 41.1395
March 41.4974 39.7746 40.4782
April 42.2866 40.0264 41.0784
May 42.3513 40.7535 41.3849
June 41.3252 40.7273 41.0666
July 42.6816 40.4648 41.9128
August 42.5922 41.0237 42.0718
September 41.5670 40.4728 40.9235
October 42.4157 40.1866 41.2730
November 42.8721 42.4516 42.6844
December 42.7428 42.1637 42.3998