YEARLY HIGH
0.0421 JMD
YEARLY LOW
0.0323 JMD
YEARLY AVERAGE
0.0386 JMD

2020 COP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the COP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0421. Conversely, the yearly low was recorded on March 19, dropping to 0.0323.

This high-to-low spread represents a total annual volatility of 0.0098 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0406 to the December average rate of 0.0415, the exchange rate registered a net change of 2.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0421 was down 4.90% compared to the 2019 peak of 0.0443, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 210,536 JMD
2019 Average 203,662 JMD
Yearly Trough Low 161,372 JMD
Transaction Impact: A difference of 49,163.81 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0422
0.0340
JanuMarcMayJulySeptNove

COP 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 0.0378, compared to 0.0394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0378
H2 Avg (Jul–Dec) 0.0394

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0072 JMD (High: 0.0395 / Low: 0.0323). On the other end, August was the most stable month, with a tight range of 0.0012 JMD (High: 0.0401 / Low: 0.0389).

March Spread (Volatile) ±0.0072
August Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0060 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0415) against the same month in 2019 (average: 0.0406), the exchange rate shifted by +0.0010 (+2.36%).

2020 Avg (December) 0.0415
2019 Avg (December) 0.0406

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0416 0.0398 0.0406
February 0.0419 0.0393 0.0411
March 0.0395 0.0323 0.0350
April 0.0363 0.0328 0.0347
May 0.0389 0.0357 0.0375
June 0.0401 0.0367 0.0380
July 0.0403 0.0372 0.0392
August 0.0401 0.0389 0.0394
September 0.0404 0.0365 0.0384
October 0.0386 0.0366 0.0377
November 0.0408 0.0375 0.0399
December 0.0421 0.0407 0.0415