YEARLY HIGH
199.8204 JMD
YEARLY LOW
155.5718 JMD
YEARLY AVERAGE
182.2965 JMD

2020 FKP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 199.8204. Conversely, the yearly low was recorded on March 19, dropping to 155.5718.

This high-to-low spread represents a total annual volatility of 44.2486 JMD. From a start-to-finish perspective, comparing the January average rate of 175.9666 to the December average rate of 193.2964, the exchange rate registered a net change of 9.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 199.8204 was up 5.51% compared to the 2019 peak of 189.3798, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 999,102 JMD
2019 Average 852,656 JMD
Yearly Trough Low 777,859 JMD
Transaction Impact: A difference of 221,243.24 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

198.6878
164.4726
JanuMarcMayJulySeptNove

FKP 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 174.8319, compared to 189.7611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.9293 points.

H1 Avg (Jan–Jun) 174.8319
H2 Avg (Jul–Dec) 189.7611

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 21.1191 JMD (High: 176.6909 / Low: 155.5718). On the other end, May was the most stable month, with a tight range of 4.9979 JMD (High: 180.2199 / Low: 175.2220).

March Spread (Volatile) ±21.1191
May Spread (Stable) ±4.9979

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 February and March, when the average rate fell by 14.0389 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -14.0389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 195.8365) against the same month in 2019 (average: 164.0297), the exchange rate shifted by +31.8068 (+19.39%).

2020 Avg (August) 195.8365
2019 Avg (August) 164.0297

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 184.2432 171.3115 175.9666
February 184.6668 175.8995 181.3627
March 176.6909 155.5718 167.3239
April 178.1619 163.9315 170.7426
May 180.2199 175.2220 177.4255
June 181.8691 171.8739 176.1701
July 192.8128 173.2977 181.3850
August 199.8204 192.5714 195.8365
September 198.6345 180.3716 186.3341
October 190.9719 182.2749 187.4821
November 196.8691 187.5170 194.2328
December 196.5230 189.4277 193.2964