YEARLY HIGH
3.7946 JMD
YEARLY LOW
0.6785 JMD
YEARLY AVERAGE
3.4440 JMD

2021 ETB to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 3.7946. Conversely, the yearly low was recorded on December 27, dropping to 0.6785.

This high-to-low spread represents a total annual volatility of 3.1161 JMD. From a start-to-finish perspective, comparing the January average rate of 3.6580 to the December average rate of 3.0956, the exchange rate registered a net change of -15.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.7946 was down 14.19% compared to the 2020 peak of 4.4224, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,973 JMD
2020 Average 20,359 JMD
Yearly Trough Low 3,392 JMD
Transaction Impact: A difference of 15,580.71 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.8266
3.0292
JanuMarcMayJulySeptNove

ETB 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 3.6041, compared to 3.2839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3202 points.

H1 Avg (Jan–Jun) 3.6041
H2 Avg (Jul–Dec) 3.2839

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.5701 JMD (High: 3.2486 / Low: 0.6785). On the other end, November was the most stable month, with a tight range of 0.0564 JMD (High: 3.2961 / Low: 3.2397).

December Spread (Volatile) ±2.5701
November Spread (Stable) ±0.0564

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1763 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1763

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 3.7602) against the same month in 2020 (average: 4.3572), the exchange rate shifted by -0.5970 (-13.70%).

2021 Avg (February) 3.7602
2020 Avg (February) 4.3572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.7158 3.6099 3.6580
February 3.7946 3.7158 3.7602
March 3.7538 3.5265 3.6414
April 3.6764 3.5231 3.5913
May 3.6613 3.4252 3.5350
June 3.4739 3.3996 3.4388
July 3.5134 3.4045 3.4681
August 3.5056 3.3151 3.4106
September 3.3265 3.1864 3.2432
October 3.2754 3.1599 3.2136
November 3.2961 3.2397 3.2719
December 3.2486 0.6785 3.0956