YEARLY HIGH
178.6574 JMD
YEARLY LOW
144.2516 JMD
YEARLY AVERAGE
162.2052 JMD

2020 EUR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 178.6574. Conversely, the yearly low was recorded on March 19, dropping to 144.2516.

This high-to-low spread represents a total annual volatility of 34.4059 JMD. From a start-to-finish perspective, comparing the January average rate of 149.4119 to the December average rate of 174.9643, the exchange rate registered a net change of 17.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 178.6574 was up 13.65% compared to the 2019 peak of 157.1939, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 893,287 JMD
2019 Average 747,579 JMD
Yearly Trough Low 721,258 JMD
Transaction Impact: A difference of 172,029.45 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

179.0235
146.7199
JanuMarcMayJulySeptNove

EUR 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 152.9030, compared to 171.5075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.6046 points.

H1 Avg (Jan–Jun) 152.9030
H2 Avg (Jul–Dec) 171.5075

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 18.3174 JMD (High: 174.5347 / Low: 156.2173). On the other end, December was the most stable month, with a tight range of 3.8857 JMD (High: 177.3575 / Low: 173.4718).

July Spread (Volatile) ±18.3174
December Spread (Stable) ±3.8857

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 August and September, when the average rate fell by 6.7718 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.7718

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 176.3316) against the same month in 2019 (average: 150.3251), the exchange rate shifted by +26.0064 (+17.30%).

2020 Avg (August) 176.3316
2019 Avg (August) 150.3251

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 154.8094 146.1858 149.4119
February 154.7982 149.9838 152.6674
March 153.6280 144.2516 149.7254
April 154.9933 144.9781 149.4831
May 160.9520 154.1954 157.7114
June 161.8076 156.3104 158.4185
July 174.5347 156.2173 164.0971
August 178.6574 173.3391 176.3316
September 176.7367 164.6559 169.5598
October 173.1103 165.8061 169.9951
November 175.4676 168.9343 174.0971
December 177.3575 173.4718 174.9643