YEARLY HIGH
23.9540 JMD
YEARLY LOW
23.2782 JMD
YEARLY AVERAGE
23.6012 JMD

2011 QAR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the QAR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 23.9540. Conversely, the yearly low was recorded on August 15, dropping to 23.2782.

This high-to-low spread represents a total annual volatility of 0.6758 JMD. From a start-to-finish perspective, comparing the January average rate of 23.8625 to the December average rate of 23.6857, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 23.9540 was down 3.96% compared to the 2010 peak of 24.9406, 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 119,770 JMD
2010 Average 120,479 JMD
Yearly Trough Low 116,391 JMD
Transaction Impact: A difference of 3,379.05 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

23.9560
23.3228
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: Jan–Jun) was 23.6501, compared to 23.5524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0978 points.

H1 Avg (Jan–Jun) 23.6501
H2 Avg (Jul–Dec) 23.5524

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.5181 JMD (High: 23.8742 / Low: 23.3561). On the other end, May was the most stable month, with a tight range of 0.0916 JMD (High: 23.4133 / Low: 23.3217).

April Spread (Volatile) ±0.5181
May Spread (Stable) ±0.0916

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4223 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.4223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 23.9032) against the same month in 2010 (average: 24.5437), the exchange rate shifted by -0.6405 (-2.61%).

2011 Avg (March) 23.9032
2010 Avg (March) 24.5437

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.9456 23.7893 23.8625
February 23.9365 23.7704 23.8696
March 23.9540 23.8073 23.9032
April 23.8742 23.3561 23.4809
May 23.4133 23.3217 23.3755
June 23.4798 23.3265 23.4091
July 23.5150 23.3587 23.4374
August 23.6137 23.2782 23.4799
September 23.5444 23.4437 23.5034
October 23.6946 23.4718 23.5786
November 23.7173 23.5456 23.6291
December 23.8095 23.5922 23.6857