YEARLY HIGH
0.1436 MXN
YEARLY LOW
0.1282 MXN
YEARLY AVERAGE
0.1347 MXN

2021 JMD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.1436. Conversely, the yearly low was recorded on July 29, dropping to 0.1282.

This high-to-low spread represents a total annual volatility of 0.0155 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1385 to the December average rate of 0.1353, the exchange rate registered a net change of -2.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1436 was down 23.76% compared to the 2020 peak of 0.1884, 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 718 MXN
2020 Average 758 MXN
Yearly Trough Low 641 MXN
Transaction Impact: A difference of 77.28 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1419
0.1295
JanuMarcMayJulySeptNove

JMD to MXN 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 0.1359, compared to 0.1335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1359
H2 Avg (Jul–Dec) 0.1335

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0100 MXN (High: 0.1393 / Low: 0.1292). On the other end, May was the most stable month, with a tight range of 0.0030 MXN (High: 0.1340 / Low: 0.1310).

April Spread (Volatile) ±0.0100
May Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.0067 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.1409) against the same month in 2020 (average: 0.1652), the exchange rate shifted by -0.0243 (-14.73%).

2021 Avg (March) 0.1409
2020 Avg (March) 0.1652

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1410 0.1353 0.1385
February 0.1389 0.1330 0.1356
March 0.1436 0.1369 0.1409
April 0.1393 0.1292 0.1342
May 0.1340 0.1310 0.1325
June 0.1374 0.1318 0.1340
July 0.1339 0.1282 0.1306
August 0.1336 0.1282 0.1305
September 0.1399 0.1318 0.1341
October 0.1409 0.1313 0.1361
November 0.1407 0.1310 0.1344
December 0.1382 0.1329 0.1353