2020 HKD to JMD Historical Review

YEARLY HIGH

19.4341 JMD

YEARLY LOW

16.8336 JMD

YEARLY AVERAGE

18.3017 JMD

2020 HKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 19.4341. Conversely, the yearly low was recorded on January 5, dropping to 16.8336.

This high-to-low spread represents a total annual volatility of 2.6005 JMD. From a start-to-finish perspective, comparing the January average rate of 17.3121 to the December average rate of 18.5413, the exchange rate registered a net change of 7.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.4341 was up 7.75% compared to the 2019 peak of 18.0360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 485,853 JMD

2019 Average 426,116 JMD

Yearly Trough Low 420,840 JMD

Transaction Impact: A difference of 65,012.37 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.4227

17.1202

JanuMarcMayJulySeptNove

HKD 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 17.8711, compared to 18.7324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8613 points.

H1 Avg (Jan–Jun) 17.8711

H2 Avg (Jul–Dec) 18.7324

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 1.1325 JMD (High: 17.9661 / Low: 16.8336). On the other end, March was the most stable month, with a tight range of 0.3830 JMD (High: 17.6032 / Low: 17.2202).

January Spread (Volatile) ±1.1325

March Spread (Stable) ±0.3830

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 0.6704 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 19.2308) against the same month in 2019 (average: 17.2117), the exchange rate shifted by +2.0191 (+11.73%).

2020 Avg (August) 19.2308

2019 Avg (August) 17.2117

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.9661	16.8336	17.3121
February	18.2163	17.5996	17.9869
March	17.6032	17.2202	17.4111
April	18.2673	17.2882	17.7453
May	18.9722	18.1220	18.6094
June	18.4500	17.9782	18.1618
July	19.0092	17.9360	18.4685
August	19.4341	18.9881	19.2308
September	19.1254	18.2494	18.5604
October	18.8603	18.2527	18.6376
November	19.1061	18.7109	18.9556
December	18.8876	18.3185	18.5413