YEARLY HIGH
1.4319 JMD
YEARLY LOW
1.2971 JMD
YEARLY AVERAGE
1.3736 JMD

2021 KES to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 1.4319. Conversely, the yearly low was recorded on January 5, dropping to 1.2971.

This high-to-low spread represents a total annual volatility of 0.1348 JMD. From a start-to-finish perspective, comparing the January average rate of 1.3116 to the December average rate of 1.3664, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4319 was up 1.91% compared to the 2020 peak of 1.4051, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,159 JMD
2020 Average 6,667 JMD
Yearly Trough Low 6,486 JMD
Transaction Impact: A difference of 673.75 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4232
1.3015
JanuMarcMayJulySeptNove

KES 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 1.3661, compared to 1.3812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 1.3661
H2 Avg (Jul–Dec) 1.3812

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0894 JMD (High: 1.4276 / Low: 1.3382). On the other end, November was the most stable month, with a tight range of 0.0091 JMD (High: 1.3916 / Low: 1.3824).

April Spread (Volatile) ±0.0894
November Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0519 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0519

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 1.4131) against the same month in 2020 (average: 1.3338), the exchange rate shifted by +0.0793 (+5.94%).

2021 Avg (July) 1.4131
2020 Avg (July) 1.3338

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3301 1.2971 1.3116
February 1.3803 1.3322 1.3659
March 1.3786 1.3236 1.3440
April 1.4276 1.3382 1.3850
May 1.4304 1.3822 1.4026
June 1.3958 1.3742 1.3874
July 1.4319 1.3775 1.4131
August 1.4280 1.3780 1.4080
September 1.3776 1.3341 1.3561
October 1.3893 1.3235 1.3556
November 1.3916 1.3824 1.3880
December 1.3808 1.3570 1.3664