2020 GTQ to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GTQ to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GTQ to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 19.5572. Conversely, the yearly low was recorded on January 5, dropping to 16.9909.
This high-to-low spread represents a total annual volatility of 2.5663 JMD. From a start-to-finish perspective, comparing the January average rate of 17.4820 to the December average rate of 18.4155, the exchange rate registered a net change of 5.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 19.5572 was up 6.64% compared to the 2019 peak of 18.3387, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
GTQ 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 18.0408, compared to 18.7226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6818 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was January, with a trading range of 1.2144 JMD (High: 18.2053 / Low: 16.9909). On the other end, November was the most stable month, with a tight range of 0.4146 JMD (High: 19.0255 / Low: 18.6109).
Growth Streaks & Declines
TrendsBetween 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 0.8026 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 19.3492) against the same month in 2019 (average: 17.5937), the exchange rate shifted by +1.7556 (+9.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.2053 | 16.9909 | 17.4820 |
| February | 18.5432 | 17.9849 | 18.2974 |
| March | 17.9917 | 17.0977 | 17.5825 |
| April | 18.3478 | 17.3978 | 17.8435 |
| May | 19.1157 | 18.2270 | 18.7456 |
| June | 18.6197 | 18.0933 | 18.2937 |
| July | 19.1111 | 18.0506 | 18.5974 |
| August | 19.5572 | 19.0848 | 19.3492 |
| September | 19.1850 | 18.2041 | 18.5466 |
| October | 18.7700 | 18.1739 | 18.5635 |
| November | 19.0255 | 18.6109 | 18.8636 |
| December | 18.7313 | 18.2174 | 18.4155 |