YEARLY HIGH
0.2770 ETB
YEARLY LOW
0.2261 ETB
YEARLY AVERAGE
0.2461 ETB

2020 JMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2770. Conversely, the yearly low was recorded on February 16, dropping to 0.2261.

This high-to-low spread represents a total annual volatility of 0.0509 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2383 to the December average rate of 0.2693, the exchange rate registered a net change of 12.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2770 was up 14.33% compared to the 2019 peak of 0.2423, 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 1,385 ETB
2019 Average 1,094 ETB
Yearly Trough Low 1,131 ETB
Transaction Impact: A difference of 254.42 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2733
0.2256
JanuMarcMayJulySeptNove

JMD to ETB 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 0.2380, compared to 0.2542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 0.2380
H2 Avg (Jul–Dec) 0.2542

Volatility Range Comparison

Volatility

The most volatile month in 2020 was September, with a trading range of 0.0161 ETB (High: 0.2601 / Low: 0.2440). On the other end, August was the most stable month, with a tight range of 0.0045 ETB (High: 0.2423 / Low: 0.2378).

September Spread (Volatile) ±0.0161
August Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between August and December, 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 January and February, when the average rate fell by 0.0088 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2693) against the same month in 2019 (average: 0.2301), the exchange rate shifted by +0.0392 (+17.04%).

2020 Avg (December) 0.2693
2019 Avg (December) 0.2301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2447 0.2293 0.2383
February 0.2358 0.2261 0.2295
March 0.2454 0.2358 0.2412
April 0.2466 0.2352 0.2403
May 0.2384 0.2305 0.2339
June 0.2506 0.2396 0.2444
July 0.2524 0.2385 0.2459
August 0.2423 0.2378 0.2398
September 0.2601 0.2440 0.2548
October 0.2608 0.2556 0.2576
November 0.2608 0.2520 0.2577
December 0.2770 0.2610 0.2693