YEARLY HIGH
7.8032 JMD
YEARLY LOW
6.9633 JMD
YEARLY AVERAGE
7.4276 JMD

2021 MXN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 7.8032. Conversely, the yearly low was recorded on March 8, dropping to 6.9633.

This high-to-low spread represents a total annual volatility of 0.8399 JMD. From a start-to-finish perspective, comparing the January average rate of 7.2207 to the December average rate of 7.3895, the exchange rate registered a net change of 2.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.8032 was up 2.22% compared to the 2020 peak of 7.6337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 390,161 JMD
2020 Average 332,438 JMD
Yearly Trough Low 348,167 JMD
Transaction Impact: A difference of 41,993.80 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.7201
7.0421
JanuMarcMayJulySeptNove

MXN 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: Jan–Jun) was 7.3605, compared to 7.4946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1341 points.

H1 Avg (Jan–Jun) 7.3605
H2 Avg (Jul–Dec) 7.4946

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.5583 JMD (High: 7.7390 / Low: 7.1807). On the other end, May was the most stable month, with a tight range of 0.1682 JMD (High: 7.6313 / Low: 7.4631).

April Spread (Volatile) ±0.5583
May Spread (Stable) ±0.1682

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 0.2792 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 7.6602) against the same month in 2020 (average: 6.3922), the exchange rate shifted by +1.2680 (+19.84%).

2021 Avg (July) 7.6602
2020 Avg (July) 6.3922

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.3891 7.0945 7.2207
February 7.5171 7.2017 7.3778
March 7.3056 6.9633 7.0986
April 7.7390 7.1807 7.4555
May 7.6313 7.4631 7.5458
June 7.5851 7.2756 7.4646
July 7.8032 7.4696 7.6602
August 7.8000 7.4827 7.6636
September 7.5885 7.1495 7.4584
October 7.6147 7.0948 7.3501
November 7.6341 7.1078 7.4461
December 7.5259 7.2358 7.3895