YEARLY HIGH
27.4978 MGA
YEARLY LOW
24.4810 MGA
YEARLY AVERAGE
25.5869 MGA

2021 JMD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 27.4978. Conversely, the yearly low was recorded on May 1, dropping to 24.4810.

This high-to-low spread represents a total annual volatility of 3.0167 MGA. From a start-to-finish perspective, comparing the January average rate of 26.4147 to the December average rate of 25.6979, the exchange rate registered a net change of -2.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 27.4978 was down 2.27% compared to the 2020 peak of 28.1361, 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 137,489 MGA
2020 Average 134,270 MGA
Yearly Trough Low 122,405 MGA
Transaction Impact: A difference of 15,083.73 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

26.5608
24.8084
JanuMarcMayJulySeptNove

JMD to MGA 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 25.4520, compared to 25.7219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2698 points.

H1 Avg (Jan–Jun) 25.4520
H2 Avg (Jul–Dec) 25.7219

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 1.7745 MGA (High: 26.2744 / Low: 24.4999). On the other end, November was the most stable month, with a tight range of 0.2233 MGA (High: 25.6882 / Low: 25.4650).

July Spread (Volatile) ±1.7745
November Spread (Stable) ±0.2233

Growth Streaks & Declines

Trends

Between July and October, 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 January and February, when the average rate fell by 1.2945 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2945

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 26.4147) against the same month in 2020 (average: 27.3687), the exchange rate shifted by -0.9540 (-3.49%).

2021 Avg (January) 26.4147
2020 Avg (January) 27.3687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.4978 25.8453 26.4147
February 25.8257 24.6817 25.1203
March 26.1618 24.7796 25.6041
April 26.0823 24.6109 25.3468
May 25.2102 24.4810 24.9544
June 25.7678 24.9568 25.2719
July 26.2744 24.4999 25.1257
August 25.8774 24.5303 25.2825
September 26.8624 25.8926 26.3032
October 27.0239 25.6688 26.3268
November 25.6882 25.4650 25.5950
December 25.9036 25.3897 25.6979