YEARLY HIGH
2.3640 FJD
YEARLY LOW
2.0392 FJD
YEARLY AVERAGE
2.1686 FJD

2020 BMD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BMD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 2.3640. Conversely, the yearly low was recorded on December 30, dropping to 2.0392.

This high-to-low spread represents a total annual volatility of 0.3248 FJD. From a start-to-finish perspective, comparing the January average rate of 2.1661 to the December average rate of 2.0567, the exchange rate registered a net change of -5.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3640 was up 6.92% compared to the 2019 peak of 2.2110, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,820 FJD
2019 Average 10,775 FJD
Yearly Trough Low 10,196 FJD
Transaction Impact: A difference of 1,624.00 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2954
2.0350
JanuMarcMayJulySeptNove

BMD to FJD 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 2.2220, compared to 2.1152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1068 points.

H1 Avg (Jan–Jun) 2.2220
H2 Avg (Jul–Dec) 2.1152

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1625 FJD (High: 2.3640 / Low: 2.2015). On the other end, October was the most stable month, with a tight range of 0.0276 FJD (High: 2.1432 / Low: 2.1156).

March Spread (Volatile) ±0.1625
October Spread (Stable) ±0.0276

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0623 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0623

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.2737) against the same month in 2019 (average: 2.1283), the exchange rate shifted by +0.1454 (+6.83%).

2020 Avg (March) 2.2737
2019 Avg (March) 2.1283

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1902 2.1446 2.1661
February 2.2237 2.1858 2.2021
March 2.3640 2.2015 2.2737
April 2.3013 2.2233 2.2727
May 2.2580 2.2150 2.2400
June 2.1955 2.1538 2.1777
July 2.1692 2.1214 2.1473
August 2.1378 2.1023 2.1278
September 2.1550 2.1009 2.1239
October 2.1432 2.1156 2.1333
November 2.1435 2.0751 2.1024
December 2.0782 2.0392 2.0567