2020 BAM to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BAM to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BAM to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 91.8509. Conversely, the yearly low was recorded on March 23, dropping to 74.0816.
This high-to-low spread represents a total annual volatility of 17.7693 JMD. From a start-to-finish perspective, comparing the January average rate of 76.3917 to the December average rate of 89.4437, the exchange rate registered a net change of 17.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 91.8509 was up 14.33% compared to the 2019 peak of 80.3363, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BAM to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 78.1132, compared to 87.6509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.5377 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 9.5430 JMD (High: 89.1982 / Low: 79.6553). On the other end, December was the most stable month, with a tight range of 1.9685 JMD (High: 90.7167 / Low: 88.7482).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 3.3510 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 90.1096) against the same month in 2019 (average: 76.7921), the exchange rate shifted by +13.3175 (+17.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.8345 | 74.5484 | 76.3917 |
| February | 79.0779 | 76.6485 | 78.0115 |
| March | 78.5993 | 74.0816 | 76.4635 |
| April | 78.7357 | 74.0954 | 76.3952 |
| May | 82.5644 | 78.2171 | 80.4289 |
| June | 82.8260 | 79.9687 | 80.9884 |
| July | 89.1982 | 79.6553 | 83.7687 |
| August | 91.8509 | 88.4222 | 90.1096 |
| September | 90.8922 | 84.2209 | 86.7586 |
| October | 88.3745 | 84.7329 | 86.9058 |
| November | 89.8636 | 86.4371 | 88.9189 |
| December | 90.7167 | 88.7482 | 89.4437 |