2020 FJD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FJD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FJD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 70.8957. Conversely, the yearly low was recorded on March 21, dropping to 57.1291.
This high-to-low spread represents a total annual volatility of 13.7667 JMD. From a start-to-finish perspective, comparing the January average rate of 62.1224 to the December average rate of 69.8859, the exchange rate registered a net change of 12.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 70.8957 was down 4.17% compared to the 2019 peak of 73.9815, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
FJD 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 62.4546, compared to 68.6620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.2075 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 5.3332 JMD (High: 63.6947 / Low: 58.3614). On the other end, December was the most stable month, with a tight range of 1.5997 JMD (High: 70.8957 / Low: 69.2961).
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 4.0098 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 69.8859) against the same month in 2019 (average: 63.2044), the exchange rate shifted by +6.6815 (+10.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.0351 | 60.8863 | 62.1224 |
| February | 64.3757 | 61.8674 | 63.5097 |
| March | 61.8674 | 57.1291 | 59.4998 |
| April | 63.6947 | 58.3614 | 60.5355 |
| May | 66.0094 | 62.9425 | 64.4205 |
| June | 65.6937 | 64.0048 | 64.6396 |
| July | 69.3584 | 64.1379 | 66.6785 |
| August | 70.7951 | 69.0658 | 70.0483 |
| September | 70.5583 | 65.6923 | 67.7369 |
| October | 68.6889 | 66.2803 | 67.7175 |
| November | 70.6889 | 67.8391 | 69.9052 |
| December | 70.8957 | 69.2961 | 69.8859 |