YEARLY HIGH
18.4697 JMD
YEARLY LOW
16.6543 JMD
YEARLY AVERAGE
17.5577 JMD

2021 SEK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 18.4697. Conversely, the yearly low was recorded on March 30, dropping to 16.6543.

This high-to-low spread represents a total annual volatility of 1.8154 JMD. From a start-to-finish perspective, comparing the January average rate of 17.3707 to the December average rate of 16.9749, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 18.4697 was up 5.99% compared to the 2020 peak of 17.4256, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92,349 JMD
2020 Average 77,455 JMD
Yearly Trough Low 83,272 JMD
Transaction Impact: A difference of 9,076.87 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

18.1621
16.8670
JanuMarcMayJulySeptNove

SEK 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 17.6733, compared to 17.4421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2312 points.

H1 Avg (Jan–Jun) 17.6733
H2 Avg (Jul–Dec) 17.4421

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.7504 JMD (High: 18.4697 / Low: 16.7193). On the other end, May was the most stable month, with a tight range of 0.3807 JMD (High: 18.2877 / Low: 17.9070).

April Spread (Volatile) ±1.7504
May Spread (Stable) ±0.3807

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 February and March, when the average rate fell by 0.6962 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6962

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 17.5953) against the same month in 2020 (average: 13.7285), the exchange rate shifted by +3.8668 (+28.17%).

2021 Avg (April) 17.5953
2020 Avg (April) 13.7285

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.5826 17.0741 17.3707
February 18.3063 17.4264 17.9615
March 17.9516 16.6543 17.2653
April 18.4697 16.7193 17.5953
May 18.2877 17.9070 18.0541
June 18.1144 17.4722 17.7928
July 18.1221 17.3371 17.7172
August 18.0339 17.4502 17.7299
September 17.6777 16.8304 17.2898
October 18.1444 16.7426 17.3552
November 18.1644 17.0056 17.5856
December 17.1938 16.7906 16.9749