YEARLY HIGH
2.1318 HUF
YEARLY LOW
1.8990 HUF
YEARLY AVERAGE
2.0136 HUF

2021 JMD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 2.1318. Conversely, the yearly low was recorded on June 10, dropping to 1.8990.

This high-to-low spread represents a total annual volatility of 0.2328 HUF. From a start-to-finish perspective, comparing the January average rate of 2.0483 to the December average rate of 2.1047, the exchange rate registered a net change of 2.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1318 was down 15.58% compared to the 2020 peak of 2.5253, 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 10,659 HUF
2020 Average 10,860 HUF
Yearly Trough Low 9,495 HUF
Transaction Impact: A difference of 1,164.17 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1220
1.9144
JanuMarcMayJulySeptNove

JMD to HUF 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 2.0011, compared to 2.0260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0250 points.

H1 Avg (Jan–Jun) 2.0011
H2 Avg (Jul–Dec) 2.0260

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1702 HUF (High: 2.1050 / Low: 1.9349). On the other end, August was the most stable month, with a tight range of 0.0244 HUF (High: 1.9529 / Low: 1.9285).

April Spread (Volatile) ±0.1702
August Spread (Stable) ±0.0244

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0855 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0855

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 2.0860) against the same month in 2020 (average: 2.3119), the exchange rate shifted by -0.2258 (-9.77%).

2021 Avg (March) 2.0860
2020 Avg (March) 2.3119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0800 2.0123 2.0483
February 2.0152 1.9494 1.9790
March 2.1318 2.0026 2.0860
April 2.1050 1.9349 2.0172
May 1.9610 1.9039 1.9317
June 1.9942 1.8990 1.9443
July 2.0235 1.9396 1.9765
August 1.9529 1.9285 1.9425
September 2.1034 1.9368 2.0043
October 2.1127 2.0040 2.0701
November 2.1148 1.9938 2.0581
December 2.1269 2.0628 2.1047