2020 BRL to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BRL to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BRL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 33.3296. Conversely, the yearly low was recorded on May 7, dropping to 24.5800.
This high-to-low spread represents a total annual volatility of 8.7496 JMD. From a start-to-finish perspective, comparing the January average rate of 32.4897 to the December average rate of 27.9357, the exchange rate registered a net change of -14.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 33.3296 was down 10.62% compared to the 2019 peak of 37.2878, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BRL 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 28.5269, compared to 26.9619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5650 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 4.6188 JMD (High: 30.6312 / Low: 26.0124). On the other end, October was the most stable month, with a tight range of 1.2392 JMD (High: 26.1277 / Low: 24.8885).
Growth Streaks & Declines
TrendsBetween October and December, 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 February and March, when the average rate fell by 4.4535 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 32.4897) against the same month in 2019 (average: 34.7801), the exchange rate shifted by -2.2904 (-6.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.3296 | 31.6148 | 32.4897 |
| February | 33.1292 | 30.6705 | 32.1810 |
| March | 30.6312 | 26.0124 | 27.7276 |
| April | 26.6842 | 24.8885 | 25.8821 |
| May | 27.3867 | 24.5800 | 25.7406 |
| June | 29.2368 | 25.3998 | 27.1405 |
| July | 28.5208 | 25.9335 | 27.0687 |
| August | 28.1783 | 26.6192 | 27.3725 |
| September | 27.8461 | 25.0165 | 26.6623 |
| October | 26.1277 | 24.8885 | 25.6614 |
| November | 27.7261 | 25.2019 | 27.0706 |
| December | 28.6380 | 27.1787 | 27.9357 |