2020 BBD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BBD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BBD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 75.3135. Conversely, the yearly low was recorded on January 5, dropping to 65.4984.
This high-to-low spread represents a total annual volatility of 9.8151 JMD. From a start-to-finish perspective, comparing the January average rate of 67.2865 to the December average rate of 71.8683, the exchange rate registered a net change of 6.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 75.3135 was up 6.75% compared to the 2019 peak of 70.5532, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BBD 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 69.3530, compared to 72.6003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2473 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was January, with a trading range of 4.2664 JMD (High: 69.7648 / Low: 65.4984). On the other end, November was the most stable month, with a tight range of 1.5323 JMD (High: 74.0685 / Low: 72.5362).
Growth Streaks & Declines
TrendsBetween 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 2.6004 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 74.5244) against the same month in 2019 (average: 67.4809), the exchange rate shifted by +7.0434 (+10.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 69.7648 | 65.4984 | 67.2865 |
| February | 70.7454 | 68.5955 | 69.9241 |
| March | 68.5955 | 66.7492 | 67.6000 |
| April | 70.8046 | 67.0121 | 68.7770 |
| May | 73.5246 | 70.3382 | 72.1492 |
| June | 71.4951 | 69.6692 | 70.3814 |
| July | 73.6621 | 69.5069 | 71.5777 |
| August | 75.3135 | 73.5828 | 74.5244 |
| September | 74.1180 | 70.7179 | 71.9240 |
| October | 73.1020 | 70.7314 | 72.2292 |
| November | 74.0685 | 72.5362 | 73.4784 |
| December | 73.2101 | 71.0051 | 71.8683 |