YEARLY HIGH
0.0105 JMD
YEARLY LOW
0.0079 JMD
YEARLY AVERAGE
0.0098 JMD

2020 IDR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IDR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.0105. Conversely, the yearly low was recorded on March 23, dropping to 0.0079.

This high-to-low spread represents a total annual volatility of 0.0026 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0098 to the December average rate of 0.0102, the exchange rate registered a net change of 3.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0105 was up 4.32% compared to the 2019 peak of 0.0101, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 105,199 JMD
2019 Average 94,487 JMD
Yearly Trough Low 79,283 JMD
Transaction Impact: A difference of 25,915.99 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0105
0.0086
JanuMarcMayJulySeptNove

IDR 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 0.0095, compared to 0.0100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0095
H2 Avg (Jul–Dec) 0.0100

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0019 JMD (High: 0.0098 / Low: 0.0079). On the other end, August was the most stable month, with a tight range of 0.0003 JMD (High: 0.0103 / Low: 0.0100).

March Spread (Volatile) ±0.0019
August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0103) against the same month in 2019 (average: 0.0100), the exchange rate shifted by +0.0004 (+3.72%).

2020 Avg (November) 0.0103
2019 Avg (November) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0105 0.0094 0.0098
February 0.0103 0.0098 0.0102
March 0.0098 0.0079 0.0089
April 0.0093 0.0081 0.0087
May 0.0100 0.0093 0.0097
June 0.0102 0.0096 0.0099
July 0.0101 0.0096 0.0099
August 0.0103 0.0100 0.0101
September 0.0101 0.0095 0.0097
October 0.0100 0.0095 0.0098
November 0.0105 0.0099 0.0103
December 0.0104 0.0101 0.0102