2020 BIF to JMD Historical Review

YEARLY HIGH

0.0781 JMD

YEARLY LOW

0.0695 JMD

YEARLY AVERAGE

0.0741 JMD

2020 BIF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BIF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0781. Conversely, the yearly low was recorded on January 4, dropping to 0.0695.

This high-to-low spread represents a total annual volatility of 0.0086 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0714 to the December average rate of 0.0740, the exchange rate registered a net change of 3.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0781 was up 2.70% compared to the 2019 peak of 0.0760, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 390 JMD

2019 Average 362 JMD

Yearly Trough Low 347 JMD

Transaction Impact: A difference of 42.86 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0779

0.0708

JanuMarcMayJulySeptNove

BIF 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 0.0732, compared to 0.0751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0732

H2 Avg (Jul–Dec) 0.0751

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0045 JMD (High: 0.0740 / Low: 0.0695). On the other end, November was the most stable month, with a tight range of 0.0016 JMD (High: 0.0765 / Low: 0.0749).

January Spread (Volatile) ±0.0045

November Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between 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 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0773) against the same month in 2019 (average: 0.0732), the exchange rate shifted by +0.0041 (+5.62%).

2020 Avg (August) 0.0773

2019 Avg (August) 0.0732

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0740	0.0695	0.0714
February	0.0750	0.0726	0.0741
March	0.0726	0.0709	0.0715
April	0.0747	0.0706	0.0725
May	0.0774	0.0738	0.0758
June	0.0752	0.0726	0.0738
July	0.0764	0.0724	0.0744
August	0.0781	0.0763	0.0773
September	0.0768	0.0733	0.0745
October	0.0755	0.0732	0.0747
November	0.0765	0.0749	0.0758
December	0.0754	0.0731	0.0740