YEARLY HIGH
0.0069 EUR
YEARLY LOW
0.0056 EUR
YEARLY AVERAGE
0.0062 EUR

2020 JMD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0069. Conversely, the yearly low was recorded on August 18, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0013 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0057, the exchange rate registered a net change of -14.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0069 was down 2.66% compared to the 2019 peak of 0.0071, 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 35 EUR
2019 Average 33 EUR
Yearly Trough Low 28 EUR
Transaction Impact: A difference of 6.68 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0068
0.0056
JanuMarcMayJulySeptNove

JMD to EUR 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 0.0065, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0065
H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0007 EUR (High: 0.0064 / Low: 0.0057). On the other end, December was the most stable month, with a tight range of 0.0001 EUR (High: 0.0058 / Low: 0.0056).

July Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0067) against the same month in 2019 (average: 0.0070), the exchange rate shifted by -0.0003 (-4.76%).

2020 Avg (March) 0.0067
2019 Avg (March) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0068 0.0065 0.0067
February 0.0067 0.0065 0.0066
March 0.0069 0.0065 0.0067
April 0.0069 0.0065 0.0067
May 0.0065 0.0062 0.0063
June 0.0064 0.0062 0.0063
July 0.0064 0.0057 0.0061
August 0.0058 0.0056 0.0057
September 0.0061 0.0057 0.0059
October 0.0060 0.0058 0.0059
November 0.0059 0.0057 0.0057
December 0.0058 0.0056 0.0057