2020 CAD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CAD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CAD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 114.3642. Conversely, the yearly low was recorded on March 23, dropping to 92.9581.
This high-to-low spread represents a total annual volatility of 21.4061 JMD. From a start-to-finish perspective, comparing the January average rate of 102.8859 to the December average rate of 112.2204, the exchange rate registered a net change of 9.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 114.3642 was up 7.03% compared to the 2019 peak of 106.8525, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CAD 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 101.6837, compared to 110.2294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.5457 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 9.3329 JMD (High: 102.2910 / Low: 92.9581). On the other end, December was the most stable month, with a tight range of 3.1499 JMD (High: 114.0626 / Low: 110.9127).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 8.2122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 112.5855) against the same month in 2019 (average: 101.6661), the exchange rate shifted by +10.9194 (+10.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 105.9086 | 100.7474 | 102.8859 |
| February | 106.8218 | 102.4234 | 105.2877 |
| March | 102.2910 | 92.9581 | 97.0755 |
| April | 101.9981 | 94.1395 | 97.8719 |
| May | 105.4982 | 98.6269 | 103.1403 |
| June | 106.7270 | 101.8034 | 103.8409 |
| July | 110.4117 | 102.3534 | 105.9772 |
| August | 114.3642 | 109.7313 | 112.5855 |
| September | 113.5473 | 105.7445 | 108.8526 |
| October | 111.1790 | 106.3133 | 109.3710 |
| November | 113.3685 | 109.6631 | 112.3694 |
| December | 114.0626 | 110.9127 | 112.2204 |