YEARLY HIGH
1.1928 LRD
YEARLY LOW
0.9122 LRD
YEARLY AVERAGE
1.1054 LRD

2021 JMD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 1.1928. Conversely, the yearly low was recorded on November 29, dropping to 0.9122.

This high-to-low spread represents a total annual volatility of 0.2806 LRD. From a start-to-finish perspective, comparing the January average rate of 1.1671 to the December average rate of 0.9236, the exchange rate registered a net change of -20.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1928 was down 19.26% compared to the 2020 peak of 1.4773, 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 5,964 LRD
2020 Average 6,763 LRD
Yearly Trough Low 4,561 LRD
Transaction Impact: A difference of 1,402.92 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2030
0.8982
JanuMarcMayJulySeptNove

JMD to LRD 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 1.1563, compared to 1.0546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1017 points.

H1 Avg (Jan–Jun) 1.1563
H2 Avg (Jul–Dec) 1.0546

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.1877 LRD (High: 1.1687 / Low: 0.9810). On the other end, June was the most stable month, with a tight range of 0.0171 LRD (High: 1.1565 / Low: 1.1395).

October Spread (Volatile) ±0.1877
June Spread (Stable) ±0.0171

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 October and November, when the average rate fell by 0.1536 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 1.1776) against the same month in 2020 (average: 1.4627), the exchange rate shifted by -0.2851 (-19.49%).

2021 Avg (March) 1.1776
2020 Avg (March) 1.4627

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1768 1.1428 1.1671
February 1.1656 1.1450 1.1521
March 1.1928 1.1511 1.1776
April 1.1874 1.1179 1.1547
May 1.1534 1.1158 1.1401
June 1.1565 1.1395 1.1460
July 1.1533 1.1045 1.1230
August 1.1357 1.1069 1.1157
September 1.1604 1.1344 1.1481
October 1.1687 0.9810 1.0853
November 0.9713 0.9122 0.9317
December 0.9424 0.9124 0.9236