YEARLY HIGH
1.8324 JMD
YEARLY LOW
1.6725 JMD
YEARLY AVERAGE
1.7705 JMD

2021 BDT to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BDT to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 1.8324. Conversely, the yearly low was recorded on January 5, dropping to 1.6725.

This high-to-low spread represents a total annual volatility of 0.1599 JMD. From a start-to-finish perspective, comparing the January average rate of 1.7000 to the December average rate of 1.7996, the exchange rate registered a net change of 5.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8324 was up 3.18% compared to the 2020 peak of 1.7759, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,162 JMD
2020 Average 8,366 JMD
Yearly Trough Low 8,363 JMD
Transaction Impact: A difference of 799.45 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8234
1.6888
JanuMarcMayJulySeptNove

BDT 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 1.7523, compared to 1.7886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0363 points.

H1 Avg (Jan–Jun) 1.7523
H2 Avg (Jul–Dec) 1.7886

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0975 JMD (High: 1.8160 / Low: 1.7185). On the other end, November was the most stable month, with a tight range of 0.0163 JMD (High: 1.8195 / Low: 1.8031).

April Spread (Volatile) ±0.0975
November Spread (Stable) ±0.0163

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 August and September, when the average rate fell by 0.0590 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0590

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 1.8024) against the same month in 2020 (average: 1.6879), the exchange rate shifted by +0.1144 (+6.78%).

2021 Avg (July) 1.8024
2020 Avg (July) 1.6879

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7301 1.6725 1.7000
February 1.7867 1.7308 1.7668
March 1.7827 1.7148 1.7399
April 1.8160 1.7185 1.7650
May 1.8202 1.7566 1.7779
June 1.7746 1.7495 1.7643
July 1.8324 1.7582 1.8024
August 1.8266 1.7769 1.8106
September 1.7782 1.7221 1.7516
October 1.8027 1.7084 1.7556
November 1.8195 1.8031 1.8122
December 1.8133 1.7891 1.7996