YEARLY HIGH
0.0076 BMD
YEARLY LOW
0.0066 BMD
YEARLY AVERAGE
0.0071 BMD

2020 JMD to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0076. Conversely, the yearly low was recorded on August 24, dropping to 0.0066.

This high-to-low spread represents a total annual volatility of 0.0010 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0074 to the December average rate of 0.0070, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0076 was down 5.04% compared to the 2019 peak of 0.0080, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38 BMD
2019 Average 37 BMD
Yearly Trough Low 33 BMD
Transaction Impact: A difference of 4.97 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0075
0.0066
JanuMarcMayJulySeptNove

JMD to BMD 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 0.0072, compared to 0.0069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0072
H2 Avg (Jul–Dec) 0.0069

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0005 BMD (High: 0.0076 / Low: 0.0072). On the other end, November was the most stable month, with a tight range of 0.0001 BMD (High: 0.0069 / Low: 0.0068).

January Spread (Volatile) ±0.0005
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0074) against the same month in 2019 (average: 0.0077), the exchange rate shifted by -0.0003 (-3.34%).

2020 Avg (January) 0.0074
2019 Avg (January) 0.0077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0076 0.0072 0.0074
February 0.0073 0.0071 0.0072
March 0.0075 0.0073 0.0074
April 0.0075 0.0071 0.0073
May 0.0071 0.0068 0.0069
June 0.0072 0.0070 0.0071
July 0.0072 0.0068 0.0070
August 0.0068 0.0066 0.0067
September 0.0071 0.0067 0.0070
October 0.0071 0.0068 0.0069
November 0.0069 0.0068 0.0068
December 0.0070 0.0068 0.0070