2021 MGA to JMD Historical Review

YEARLY HIGH

0.0408 JMD

YEARLY LOW

0.0364 JMD

YEARLY AVERAGE

0.0391 JMD

2021 MGA to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0408. Conversely, the yearly low was recorded on January 2, dropping to 0.0364.

This high-to-low spread represents a total annual volatility of 0.0045 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0379 to the December average rate of 0.0389, 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 0.0408 was up 4.04% compared to the 2020 peak of 0.0393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 204 JMD

2020 Average 186 JMD

Yearly Trough Low 182 JMD

Transaction Impact: A difference of 22.41 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0403

0.0377

JanuMarcMayJulySeptNove

MGA 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 0.0393, compared to 0.0389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0393

H2 Avg (Jul–Dec) 0.0389

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0028 JMD (High: 0.0408 / Low: 0.0381). On the other end, November was the most stable month, with a tight range of 0.0003 JMD (High: 0.0393 / Low: 0.0389).

July Spread (Volatile) ±0.0028

November Spread (Stable) ±0.0003

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 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.0401) against the same month in 2020 (average: 0.0379), the exchange rate shifted by +0.0022 (+5.80%).

2021 Avg (May) 0.0401

2020 Avg (May) 0.0379

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0387	0.0364	0.0379
February	0.0405	0.0387	0.0398
March	0.0404	0.0382	0.0391
April	0.0406	0.0383	0.0395
May	0.0408	0.0397	0.0401
June	0.0401	0.0388	0.0396
July	0.0408	0.0381	0.0398
August	0.0408	0.0386	0.0396
September	0.0386	0.0372	0.0380
October	0.0390	0.0370	0.0380
November	0.0393	0.0389	0.0391
December	0.0394	0.0386	0.0389

2021 MGA నుండి JMD చారిత్రక సమీక్ష