YEARLY HIGH
2.9719 KZT
YEARLY LOW
2.7404 KZT
YEARLY AVERAGE
2.8335 KZT

2021 JMD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.9719. Conversely, the yearly low was recorded on February 23, dropping to 2.7404.

This high-to-low spread represents a total annual volatility of 0.2315 KZT. From a start-to-finish perspective, comparing the January average rate of 2.9195 to the December average rate of 2.8288, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9719 was down 11.98% compared to the 2020 peak of 3.3766, 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 14,860 KZT
2020 Average 14,592 KZT
Yearly Trough Low 13,702 KZT
Transaction Impact: A difference of 1,157.52 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.9346
2.7533
JanuMarcMayJulySeptNove

JMD to KZT 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 2.8576, compared to 2.8094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0483 points.

H1 Avg (Jan–Jun) 2.8576
H2 Avg (Jul–Dec) 2.8094

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1690 KZT (High: 2.9564 / Low: 2.7874). On the other end, December was the most stable month, with a tight range of 0.0456 KZT (High: 2.8514 / Low: 2.8058).

April Spread (Volatile) ±0.1690
December Spread (Stable) ±0.0456

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.1225 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.9195) against the same month in 2020 (average: 2.8198), the exchange rate shifted by +0.0997 (+3.54%).

2021 Avg (January) 2.9195
2020 Avg (January) 2.8198

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9719 2.8898 2.9195
February 2.8920 2.7404 2.7970
March 2.9225 2.7750 2.8545
April 2.9564 2.7874 2.8766
May 2.8790 2.7884 2.8402
June 2.8877 2.8346 2.8579
July 2.8732 2.7404 2.7942
August 2.8189 2.7412 2.7684
September 2.8895 2.8085 2.8510
October 2.9158 2.7670 2.8353
November 2.8299 2.7595 2.7785
December 2.8514 2.8058 2.8288