YEARLY HIGH
16.3662 SYP
YEARLY LOW
3.3852 SYP
YEARLY AVERAGE
8.1572 SYP

2021 JMD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 16.3662. Conversely, the yearly low was recorded on February 24, dropping to 3.3852.

This high-to-low spread represents a total annual volatility of 12.9810 SYP. From a start-to-finish perspective, comparing the January average rate of 3.5574 to the December average rate of 16.2744, the exchange rate registered a net change of 357.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.3662 was up 316.25% compared to the 2020 peak of 3.9318, 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 81,831 SYP
2020 Average 18,098 SYP
Yearly Trough Low 16,926 SYP
Transaction Impact: A difference of 64,904.76 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

17.5595
2.1385
JanuMarcMayJulySeptNove

JMD to SYP 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 6.1853, compared to 10.1291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9438 points.

H1 Avg (Jan–Jun) 6.1853
H2 Avg (Jul–Dec) 10.1291

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 8.0875 SYP (High: 16.1550 / Low: 8.0675). On the other end, January was the most stable month, with a tight range of 0.1097 SYP (High: 3.6125 / Low: 3.5028).

November Spread (Volatile) ±8.0875
January Spread (Stable) ±0.1097

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 June and July, when the average rate fell by 0.1778 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1778

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 16.2744) against the same month in 2020 (average: 3.5684), the exchange rate shifted by +12.7060 (+356.07%).

2021 Avg (December) 16.2744
2020 Avg (December) 3.5684

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6125 3.5028 3.5574
February 3.4953 3.3852 3.4236
March 8.6603 3.3941 4.9648
April 8.6295 8.1683 8.4116
May 8.4515 8.1556 8.3455
June 8.4812 8.3603 8.4090
July 8.4593 8.0910 8.2311
August 8.3107 8.1084 8.1723
September 8.5328 8.3017 8.4187
October 8.5939 8.1404 8.3666
November 16.1550 8.0675 11.3116
December 16.3662 16.1444 16.2744