2020 HRK to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 HRK to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the HRK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 23.7117. Conversely, the yearly low was recorded on March 19, dropping to 18.9459.
This high-to-low spread represents a total annual volatility of 4.7657 JMD. From a start-to-finish perspective, comparing the January average rate of 20.0720 to the December average rate of 23.2004, the exchange rate registered a net change of 15.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 23.7117 was up 12.20% compared to the 2019 peak of 21.1342, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
HRK 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 20.2866, compared to 22.7377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4511 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 2.6489 JMD (High: 23.3109 / Low: 20.6620). On the other end, December was the most stable month, with a tight range of 0.4959 JMD (High: 23.5051 / Low: 23.0093).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.0064 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 23.4877) against the same month in 2019 (average: 20.3157), the exchange rate shifted by +3.1720 (+15.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.7942 | 19.6250 | 20.0720 |
| February | 20.7942 | 20.1026 | 20.4817 |
| March | 20.4625 | 18.9459 | 19.7593 |
| April | 20.4651 | 19.0116 | 19.6898 |
| May | 21.2423 | 20.3251 | 20.7870 |
| June | 21.3497 | 20.6824 | 20.9298 |
| July | 23.3109 | 20.6620 | 21.7961 |
| August | 23.7117 | 23.1860 | 23.4877 |
| September | 23.4826 | 21.8090 | 22.4813 |
| October | 22.8414 | 21.9198 | 22.4429 |
| November | 23.2103 | 22.3130 | 23.0180 |
| December | 23.5051 | 23.0093 | 23.2004 |