YEARLY HIGH
0.5122 JMD
YEARLY LOW
0.3960 JMD
YEARLY AVERAGE
0.4617 JMD

2020 HUF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.5122. Conversely, the yearly low was recorded on April 4, dropping to 0.3960.

This high-to-low spread represents a total annual volatility of 0.1162 JMD. From a start-to-finish perspective, comparing the January average rate of 0.4472 to the December average rate of 0.4875, the exchange rate registered a net change of 9.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5122 was up 4.25% compared to the 2019 peak of 0.4913, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 512,173 JMD
2019 Average 459,556 JMD
Yearly Trough Low 395,999 JMD
Transaction Impact: A difference of 116,174.02 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5143
0.4107
JanuMarcMayJulySeptNove

HUF 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 0.4428, compared to 0.4807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0379 points.

H1 Avg (Jan–Jun) 0.4428
H2 Avg (Jul–Dec) 0.4807

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0619 JMD (High: 0.5058 / Low: 0.4438). On the other end, October was the most stable month, with a tight range of 0.0154 JMD (High: 0.4774 / Low: 0.4621).

July Spread (Volatile) ±0.0619
October Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between 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 0.0351 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.5057) against the same month in 2019 (average: 0.4591), the exchange rate shifted by +0.0465 (+10.14%).

2020 Avg (August) 0.5057
2019 Avg (August) 0.4591

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4590 0.4394 0.4472
February 0.4600 0.4419 0.4523
March 0.4581 0.4031 0.4333
April 0.4395 0.3960 0.4193
May 0.4621 0.4357 0.4488
June 0.4709 0.4399 0.4558
July 0.5058 0.4438 0.4677
August 0.5122 0.4968 0.5057
September 0.4965 0.4519 0.4705
October 0.4774 0.4621 0.4690
November 0.4923 0.4608 0.4836
December 0.4964 0.4785 0.4875