YEARLY HIGH
2.6575 JMD
YEARLY LOW
2.2906 JMD
YEARLY AVERAGE
2.5133 JMD

2020 DOP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DOP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 2.6575. Conversely, the yearly low was recorded on March 16, dropping to 2.2906.

This high-to-low spread represents a total annual volatility of 0.3669 JMD. From a start-to-finish perspective, comparing the January average rate of 2.5304 to the December average rate of 2.4711, the exchange rate registered a net change of -2.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.6575 was down 1.86% compared to the 2019 peak of 2.7078, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,288 JMD
2019 Average 13,003 JMD
Yearly Trough Low 11,453 JMD
Transaction Impact: A difference of 1,834.48 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.6378
2.4088
JanuMarcMayJulySeptNove

DOP 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 2.5388, compared to 2.4879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0509 points.

H1 Avg (Jan–Jun) 2.5388
H2 Avg (Jul–Dec) 2.4879

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2682 JMD (High: 2.5588 / Low: 2.2906). On the other end, December was the most stable month, with a tight range of 0.0679 JMD (High: 2.5117 / Low: 2.4439).

March Spread (Volatile) ±0.2682
December Spread (Stable) ±0.0679

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 May and June, when the average rate fell by 0.1836 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1836

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 2.6115) against the same month in 2019 (average: 2.6592), the exchange rate shifted by -0.0477 (-1.79%).

2020 Avg (May) 2.6115
2019 Avg (May) 2.6592

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6174 2.4623 2.5304
February 2.6526 2.5588 2.6188
March 2.5588 2.2906 2.5066
April 2.5976 2.4757 2.5376
May 2.6575 2.5458 2.6115
June 2.5400 2.3798 2.4279
July 2.5192 2.3812 2.4508
August 2.5803 2.5054 2.5493
September 2.5389 2.4214 2.4612
October 2.5021 2.4202 2.4724
November 2.6123 2.4799 2.5224
December 2.5117 2.4439 2.4711