YEARLY HIGH
116.2437 JMD
YEARLY LOW
107.4194 JMD
YEARLY AVERAGE
112.0894 JMD

2021 SGD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 116.2437. Conversely, the yearly low was recorded on January 11, dropping to 107.4194.

This high-to-low spread represents a total annual volatility of 8.8243 JMD. From a start-to-finish perspective, comparing the January average rate of 108.7198 to the December average rate of 113.2331, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 116.2437 was up 5.52% compared to the 2020 peak of 110.1665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 581,219 JMD
2020 Average 514,917 JMD
Yearly Trough Low 537,097 JMD
Transaction Impact: A difference of 44,121.63 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

115.0913
108.1406
JanuMarcMayJulySeptNove

SGD 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 111.4739, compared to 112.7049 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.2310 points.

H1 Avg (JanтАУJun) 111.4739
H2 Avg (JulтАУDec) 112.7049

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 7.8970 JMD (High: 116.2437 / Low: 108.3468). On the other end, December was the most stable month, with a tight range of 1.5955 JMD (High: 114.1856 / Low: 112.5901).

April Spread (Volatile) ┬▒7.8970
December Spread (Stable) ┬▒1.5955

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 February and March, when the average rate fell by 3.0210 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.0210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 112.0153) against the same month in 2020 (average: 96.6290), the exchange rate shifted by +15.3863 (+15.92%).

2021 Avg (April) 112.0153
2020 Avg (April) 96.6290

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

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Month High Low Average
January 110.1732 107.4194 108.7198
February 114.8504 110.1399 112.8120
March 113.5688 107.8687 109.7910
April 116.2437 108.3468 112.0153
May 115.9146 112.1865 113.3810
June 113.3085 111.3252 112.1245
July 114.5702 110.3622 112.7987
August 114.5372 112.5534 113.5881
September 112.8181 108.5960 110.8521
October 114.8868 107.8923 111.2452
November 115.2185 113.5774 114.5121
December 114.1856 112.5901 113.2331