YEARLY HIGH
0.3912 GMD
YEARLY LOW
0.3439 GMD
YEARLY AVERAGE
0.3630 GMD

2020 JMD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.3912. Conversely, the yearly low was recorded on August 24, dropping to 0.3439.

This high-to-low spread represents a total annual volatility of 0.0473 GMD. From a start-to-finish perspective, comparing the January average rate of 0.3805 to the December average rate of 0.3601, the exchange rate registered a net change of -5.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3912 was down 1.93% compared to the 2019 peak of 0.3989, 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 1,956 GMD
2019 Average 1,877 GMD
Yearly Trough Low 1,719 GMD
Transaction Impact: A difference of 236.68 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3838
0.3444
JanuMarcMayJulySeptNove

JMD to GMD 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 0.3692, compared to 0.3567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.3692
H2 Avg (Jul–Dec) 0.3567

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0250 GMD (High: 0.3912 / Low: 0.3662). On the other end, November was the most stable month, with a tight range of 0.0072 GMD (High: 0.3568 / Low: 0.3496).

January Spread (Volatile) ±0.0250
November Spread (Stable) ±0.0072

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 January and February, when the average rate fell by 0.0156 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.3805) against the same month in 2019 (average: 0.3807), the exchange rate shifted by -0.0002 (-0.06%).

2020 Avg (January) 0.3805
2019 Avg (January) 0.3807

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3912 0.3662 0.3805
February 0.3720 0.3608 0.3649
March 0.3813 0.3720 0.3767
April 0.3804 0.3605 0.3709
May 0.3632 0.3495 0.3559
June 0.3710 0.3605 0.3666
July 0.3710 0.3516 0.3616
August 0.3520 0.3439 0.3477
September 0.3657 0.3494 0.3600
October 0.3659 0.3540 0.3583
November 0.3568 0.3496 0.3523
December 0.3646 0.3534 0.3601