YEARLY HIGH
11.0603 JMD
YEARLY LOW
9.2083 JMD
YEARLY AVERAGE
10.1982 JMD

2021 ZAR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 11.0603. Conversely, the yearly low was recorded on January 11, dropping to 9.2083.

This high-to-low spread represents a total annual volatility of 1.8520 JMD. From a start-to-finish perspective, comparing the January average rate of 9.5389 to the December average rate of 9.7232, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.0603 was up 12.00% compared to the 2020 peak of 9.8756, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 553,013 JMD
2020 Average 433,496 JMD
Yearly Trough Low 460,415 JMD
Transaction Impact: A difference of 92,598.55 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.8671
9.4181
JanuMarcMayJulySeptNove

ZAR 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 10.2265, compared to 10.1699 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0566 points.

H1 Avg (JanтАУJun) 10.2265
H2 Avg (JulтАУDec) 10.1699

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.8574 JMD (High: 10.8196 / Low: 9.9622). On the other end, May was the most stable month, with a tight range of 0.2977 JMD (High: 10.8652 / Low: 10.5675).

April Spread (Volatile) ┬▒0.8574
May Spread (Stable) ┬▒0.2977

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3060 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 10.7463) against the same month in 2020 (average: 8.2233), the exchange rate shifted by +2.5230 (+30.68%).

2021 Avg (June) 10.7463
2020 Avg (June) 8.2233

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Month High Low Average
January 9.8064 9.2083 9.5389
February 10.4471 9.7403 10.1439
March 10.0919 9.6373 9.8379
April 10.8196 9.9622 10.3691
May 10.8652 10.5675 10.7229
June 11.0603 10.4569 10.7463
July 10.7089 10.3163 10.5347
August 10.7917 10.0297 10.4058
September 10.6179 9.7707 10.2535
October 10.4801 9.8034 10.1047
November 10.4060 9.5699 9.9973
December 9.8859 9.5823 9.7232