YEARLY HIGH
22.6345 JMD
YEARLY LOW
20.6014 JMD
YEARLY AVERAGE
21.8188 JMD

2021 BOB to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 22.6345. Conversely, the yearly low was recorded on January 5, dropping to 20.6014.

This high-to-low spread represents a total annual volatility of 2.0331 JMD. From a start-to-finish perspective, comparing the January average rate of 20.9250 to the December average rate of 22.3744, the exchange rate registered a net change of 6.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 22.6345 was up 3.71% compared to the 2020 peak of 21.8252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 113,172 JMD
2020 Average 102,834 JMD
Yearly Trough Low 103,007 JMD
Transaction Impact: A difference of 10,165.48 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

22.6893
20.7646
JanuMarcMayJulySeptNove

BOB 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 21.5121, compared to 22.1255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6134 points.

H1 Avg (Jan–Jun) 21.5121
H2 Avg (Jul–Dec) 22.1255

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.2277 JMD (High: 22.3005 / Low: 21.0728). On the other end, November was the most stable month, with a tight range of 0.2436 JMD (High: 22.6345 / Low: 22.3909).

April Spread (Volatile) ±1.2277
November Spread (Stable) ±0.2436

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 0.6527 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6527

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 22.5289) against the same month in 2020 (average: 21.3059), the exchange rate shifted by +1.2231 (+5.74%).

2021 Avg (November) 22.5289
2020 Avg (November) 21.3059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.2279 20.6014 20.9250
February 21.9406 21.2437 21.6818
March 21.9235 20.9595 21.3441
April 22.3005 21.0728 21.6584
May 22.3388 21.5583 21.8407
June 21.8223 21.2840 21.6223
July 22.5054 21.5727 22.1400
August 22.4592 21.9320 22.2949
September 21.9662 21.3619 21.6423
October 22.3787 21.1940 21.7722
November 22.6345 22.3909 22.5289
December 22.5500 22.2296 22.3744