YEARLY HIGH
0.7199 JMD
YEARLY LOW
0.6270 JMD
YEARLY AVERAGE
0.6790 JMD

2020 GYD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GYD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.7199. Conversely, the yearly low was recorded on January 5, dropping to 0.6270.

This high-to-low spread represents a total annual volatility of 0.0929 JMD. From a start-to-finish perspective, comparing the January average rate of 0.6443 to the December average rate of 0.6868, the exchange rate registered a net change of 6.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7199 was up 6.50% compared to the 2019 peak of 0.6760, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,599 JMD
2019 Average 3,196 JMD
Yearly Trough Low 3,135 JMD
Transaction Impact: A difference of 464.54 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7197
0.6375
JanuMarcMayJulySeptNove

GYD 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 0.6637, compared to 0.6943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0306 points.

H1 Avg (Jan–Jun) 0.6637
H2 Avg (Jul–Dec) 0.6943

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0436 JMD (High: 0.6706 / Low: 0.6270). On the other end, November was the most stable month, with a tight range of 0.0152 JMD (High: 0.7087 / Low: 0.6936).

January Spread (Volatile) ±0.0436
November Spread (Stable) ±0.0152

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 0.0248 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.7129) against the same month in 2019 (average: 0.6473), the exchange rate shifted by +0.0656 (+10.13%).

2020 Avg (August) 0.7129
2019 Avg (August) 0.6473

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6706 0.6270 0.6443
February 0.6774 0.6576 0.6697
March 0.6576 0.6390 0.6472
April 0.6770 0.6418 0.6580
May 0.7026 0.6725 0.6900
June 0.6837 0.6667 0.6731
July 0.7039 0.6644 0.6845
August 0.7199 0.7025 0.7129
September 0.7105 0.6763 0.6881
October 0.6990 0.6764 0.6907
November 0.7087 0.6936 0.7027
December 0.6987 0.6787 0.6868