YEARLY HIGH
0.0064 GBP
YEARLY LOW
0.0050 GBP
YEARLY AVERAGE
0.0055 GBP

2020 JMD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0064. Conversely, the yearly low was recorded on August 30, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0014 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0052, the exchange rate registered a net change of -9.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0064 was up 2.06% compared to the 2019 peak of 0.0063, 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 32 GBP
2019 Average 29 GBP
Yearly Trough Low 25 GBP
Transaction Impact: A difference of 7.12 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0061
0.0050
JanuMarcMayJulySeptNove

JMD to GBP 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 0.0057, compared to 0.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0057
H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0008 GBP (High: 0.0064 / Low: 0.0057). On the other end, May was the most stable month, with a tight range of 0.0002 GBP (High: 0.0057 / Low: 0.0055).

March Spread (Volatile) ±0.0008
May Spread (Stable) ±0.0002

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

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0060) against the same month in 2019 (average: 0.0060), the exchange rate shifted by -0.0000 (-0.54%).

2020 Avg (March) 0.0060
2019 Avg (March) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0058 0.0054 0.0057
February 0.0057 0.0054 0.0055
March 0.0064 0.0057 0.0060
April 0.0061 0.0056 0.0059
May 0.0057 0.0055 0.0056
June 0.0058 0.0055 0.0057
July 0.0058 0.0052 0.0055
August 0.0052 0.0050 0.0051
September 0.0055 0.0050 0.0054
October 0.0055 0.0052 0.0053
November 0.0053 0.0051 0.0051
December 0.0053 0.0051 0.0052