2020 BGN to JMD Historical Review

YEARLY HIGH

91.3548 JMD

YEARLY LOW

73.8041 JMD

YEARLY AVERAGE

82.9077 JMD

2020 BGN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 91.3548. Conversely, the yearly low was recorded on March 21, dropping to 73.8041.

This high-to-low spread represents a total annual volatility of 17.5507 JMD. From a start-to-finish perspective, comparing the January average rate of 76.3882 to the December average rate of 89.4401, 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 91.3548 was up 13.80% compared to the 2019 peak of 80.2747, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 456,774 JMD

2019 Average 382,095 JMD

Yearly Trough Low 369,020 JMD

Transaction Impact: A difference of 87,753.64 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

91.5390

75.0109

JanuMarcMayJulySeptNove

BGN 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 78.1350, compared to 87.6804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.5454 points.

H1 Avg (Jan–Jun) 78.1350

H2 Avg (Jul–Dec) 87.6804

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 9.1525 JMD (High: 89.0453 / Low: 79.8928). On the other end, December was the most stable month, with a tight range of 1.9076 JMD (High: 90.7459 / Low: 88.8383).

July Spread (Volatile) ±9.1525

December Spread (Stable) ±1.9076

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 3.5047 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.5047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 90.1617) against the same month in 2019 (average: 76.7706), the exchange rate shifted by +13.3911 (+17.44%).

2020 Avg (August) 90.1617

2019 Avg (August) 76.7706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	79.0245	74.7580	76.3882
February	79.1105	76.7215	78.0794
March	78.4499	73.8041	76.4245
April	79.2921	74.1845	76.4324
May	82.3014	78.7415	80.4935
June	82.5610	79.9463	80.9920
July	89.0453	79.8928	83.8964
August	91.3548	88.6382	90.1617
September	90.2478	84.0909	86.6570
October	88.5039	84.7508	86.9299
November	89.6737	86.2627	88.9971
December	90.7459	88.8383	89.4401