YEARLY HIGH
13.6893 BIF
YEARLY LOW
12.6993 BIF
YEARLY AVERAGE
13.1127 BIF

2021 JMD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 13.6893. Conversely, the yearly low was recorded on April 28, dropping to 12.6993.

This high-to-low spread represents a total annual volatility of 0.9900 BIF. From a start-to-finish perspective, comparing the January average rate of 13.5030 to the December average rate of 12.9397, the exchange rate registered a net change of -4.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.6893 was down 4.87% compared to the 2020 peak of 14.3897, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,447 BIF
2020 Average 67,483 BIF
Yearly Trough Low 63,497 BIF
Transaction Impact: A difference of 4,949.92 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.5710
12.7552
JanuMarcMayJulySeptNove

JMD to BIF 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 13.1926, compared to 13.0329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1597 points.

H1 Avg (Jan–Jun) 13.1926
H2 Avg (Jul–Dec) 13.0329

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.7152 BIF (High: 13.4145 / Low: 12.6993). On the other end, November was the most stable month, with a tight range of 0.1435 BIF (High: 12.9030 / Low: 12.7594).

April Spread (Volatile) ±0.7152
November Spread (Stable) ±0.1435

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4794 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4794

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 13.5030) against the same month in 2020 (average: 14.0121), the exchange rate shifted by -0.5091 (-3.63%).

2021 Avg (January) 13.5030
2020 Avg (January) 14.0121

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.6893 13.2582 13.5030
February 13.2365 12.8457 13.0237
March 13.5303 12.9416 13.2653
April 13.4145 12.6993 13.0682
May 13.2658 12.7073 13.0674
June 13.3262 13.1449 13.2279
July 13.2908 12.7715 12.9710
August 13.1060 12.7805 12.8915
September 13.5064 13.1071 13.3134
October 13.6059 12.8959 13.2585
November 12.9030 12.7594 12.8232
December 13.0192 12.8117 12.9397