YEARLY HIGH
17.8397 JMD
YEARLY LOW
16.2101 JMD
YEARLY AVERAGE
17.2140 JMD

2021 SVC to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SVC to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 17.8397. Conversely, the yearly low was recorded on January 5, dropping to 16.2101.

This high-to-low spread represents a total annual volatility of 1.6296 JMD. From a start-to-finish perspective, comparing the January average rate of 16.4701 to the December average rate of 17.6410, 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 17.8397 was up 3.65% compared to the 2020 peak of 17.2107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89,198 JMD
2020 Average 81,126 JMD
Yearly Trough Low 81,050 JMD
Transaction Impact: A difference of 8,147.91 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

17.8956
16.3405
JanuMarcMayJulySeptNove

SVC 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 16.9748, compared to 17.4532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4784 points.

H1 Avg (Jan–Jun) 16.9748
H2 Avg (Jul–Dec) 17.4532

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.9443 JMD (High: 17.5973 / Low: 16.6530). On the other end, November was the most stable month, with a tight range of 0.1716 JMD (High: 17.8397 / Low: 17.6681).

April Spread (Volatile) ±0.9443
November Spread (Stable) ±0.1716

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 0.5161 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 17.7660) against the same month in 2020 (average: 16.7955), the exchange rate shifted by +0.9705 (+5.78%).

2021 Avg (November) 17.7660
2020 Avg (November) 16.7955

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.7519 16.2101 16.4701
February 17.3136 16.7717 17.1162
March 17.2748 16.6004 16.8514
April 17.5973 16.6530 17.0929
May 17.6284 17.0118 17.2255
June 17.1962 16.9527 17.0928
July 17.7594 17.0482 17.4709
August 17.7228 17.3081 17.5882
September 17.3087 16.8377 17.0721
October 17.6508 16.7252 17.1810
November 17.8397 17.6681 17.7660
December 17.7785 17.5396 17.6410