2021 TRY to JMD Historical Review

YEARLY HIGH

21.6489 JMD

YEARLY LOW

9.3037 JMD

YEARLY AVERAGE

17.4290 JMD

2021 TRY to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 21.6489. Conversely, the yearly low was recorded on December 19, dropping to 9.3037.

This high-to-low spread represents a total annual volatility of 12.3452 JMD. From a start-to-finish perspective, comparing the January average rate of 19.4840 to the December average rate of 11.6189, the exchange rate registered a net change of -40.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.6489 was down 7.75% compared to the 2020 peak of 23.4679, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,082,447 JMD

2020 Average 1,017,878 JMD

Yearly Trough Low 465,187 JMD

Transaction Impact: A difference of 617,260.49 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

22.0399

10.6716

JanuMarcMayJulySeptNove

TRY 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 18.8894, compared to 15.9687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9207 points.

H1 Avg (Jan–Jun) 18.8894

H2 Avg (Jul–Dec) 15.9687

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 5.0740 JMD (High: 14.3777 / Low: 9.3037). On the other end, August was the most stable month, with a tight range of 0.6322 JMD (High: 18.4826 / Low: 17.8504).

December Spread (Volatile) ±5.0740

August Spread (Stable) ±0.6322

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 2.9258 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.9258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 21.0926) against the same month in 2020 (average: 23.0575), the exchange rate shifted by -1.9649 (-8.52%).

2021 Avg (February) 21.0926

2020 Avg (February) 23.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.1023	19.1110	19.4840
February	21.6489	20.3077	21.0926
March	20.7075	17.4604	19.1953
April	18.7660	17.9006	18.2762
May	18.6045	17.3479	17.9680
June	17.8403	17.0256	17.3203
July	18.3427	17.1049	17.7826
August	18.4826	17.8504	18.1501
September	18.2827	16.5924	17.4415
October	16.7387	15.7192	16.2741
November	16.1924	11.5148	14.5447
December	14.3777	9.3037	11.6189