2021 SZL to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 SZL to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SZL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 11.0231. Conversely, the yearly low was recorded on January 11, dropping to 9.2354.
This high-to-low spread represents a total annual volatility of 1.7878 JMD. From a start-to-finish perspective, comparing the January average rate of 9.5526 to the December average rate of 9.7253, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 11.0231 was up 12.34% compared to the 2020 peak of 9.8123, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SZL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
SZL to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.2333, compared to 10.1825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0508 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was September, with a trading range of 0.9595 JMD (High: 10.6802 / Low: 9.7208). On the other end, May was the most stable month, with a tight range of 0.2641 JMD (High: 10.8343 / Low: 10.5701).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 0.3087 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 10.7969) against the same month in 2020 (average: 8.2212), the exchange rate shifted by +2.5758 (+31.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.7636 | 9.2354 | 9.5526 |
| February | 10.4173 | 9.7609 | 10.1419 |
| March | 10.0605 | 9.6319 | 9.8381 |
| April | 10.7723 | 9.8982 | 10.3569 |
| May | 10.8343 | 10.5701 | 10.7132 |
| June | 11.0231 | 10.4957 | 10.7969 |
| July | 10.7430 | 10.3264 | 10.5499 |
| August | 10.7667 | 10.0526 | 10.3957 |
| September | 10.6802 | 9.7208 | 10.2794 |
| October | 10.4478 | 9.7117 | 10.1108 |
| November | 10.3575 | 9.6343 | 10.0340 |
| December | 9.8875 | 9.5056 | 9.7253 |