YEARLY HIGH
12.1759 JMD
YEARLY LOW
6.5928 JMD
YEARLY AVERAGE
9.6794 JMD

2021 SCR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SCR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 12.1759. Conversely, the yearly low was recorded on January 10, dropping to 6.5928.

This high-to-low spread represents a total annual volatility of 5.5830 JMD. From a start-to-finish perspective, comparing the January average rate of 6.7915 to the December average rate of 11.4795, the exchange rate registered a net change of 69.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.1759 was up 13.36% compared to the 2020 peak of 10.7411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,879 JMD
2020 Average 42,073 JMD
Yearly Trough Low 32,964 JMD
Transaction Impact: A difference of 27,915.20 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.9994
6.3181
JanuMarcMayJulySeptNove

SCR 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 8.2141, compared to 11.1447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9306 points.

H1 Avg (Jan–Jun) 8.2141
H2 Avg (Jul–Dec) 11.1447

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 3.7902 JMD (High: 10.8847 / Low: 7.0945). On the other end, March was the most stable month, with a tight range of 0.3035 JMD (High: 7.1326 / Low: 6.8291).

April Spread (Volatile) ±3.7902
March Spread (Stable) ±0.3035

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4945 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.4945

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 11.5259) against the same month in 2020 (average: 7.2181), the exchange rate shifted by +4.3079 (+59.68%).

2021 Avg (November) 11.5259
2020 Avg (November) 7.2181

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9045 6.5928 6.7915
February 7.2595 6.9184 7.0754
March 7.1326 6.8291 6.9651
April 10.8847 7.0945 9.2552
May 10.4130 9.0206 9.5801
June 10.2482 8.9894 9.6173
July 11.4271 9.3181 10.3532
August 11.9649 10.0613 11.2298
September 11.6803 10.5333 11.3873
October 12.0217 10.1682 10.8927
November 12.1759 10.4218 11.5259
December 12.1447 10.3550 11.4795