YEARLY HIGH
0.0156 JMD
YEARLY LOW
0.0138 JMD
YEARLY AVERAGE
0.0148 JMD

2020 GNF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0156. Conversely, the yearly low was recorded on January 5, dropping to 0.0138.

This high-to-low spread represents a total annual volatility of 0.0018 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0142 to the December average rate of 0.0145, the exchange rate registered a net change of 1.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0156 was up 0.28% compared to the 2019 peak of 0.0156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78 JMD
2019 Average 72 JMD
Yearly Trough Low 69 JMD
Transaction Impact: A difference of 9.02 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0156
0.0141
JanuMarcMayJulySeptNove

GNF 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 0.0146, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0146
H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0010 JMD (High: 0.0148 / Low: 0.0138). On the other end, August was the most stable month, with a tight range of 0.0003 JMD (High: 0.0156 / Low: 0.0153).

January Spread (Volatile) ±0.0010
August Spread (Stable) ±0.0003

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 August and September, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0155) against the same month in 2019 (average: 0.0147), the exchange rate shifted by +0.0008 (+5.32%).

2020 Avg (August) 0.0155
2019 Avg (August) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0148 0.0138 0.0142
February 0.0150 0.0145 0.0148
March 0.0145 0.0140 0.0143
April 0.0149 0.0141 0.0145
May 0.0155 0.0148 0.0152
June 0.0151 0.0145 0.0147
July 0.0153 0.0144 0.0149
August 0.0156 0.0153 0.0155
September 0.0153 0.0145 0.0148
October 0.0150 0.0145 0.0148
November 0.0152 0.0148 0.0150
December 0.0149 0.0142 0.0145