YEARLY HIGH
2.5253 HUF
YEARLY LOW
1.9525 HUF
YEARLY AVERAGE
2.1724 HUF

2020 JMD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 2.5253. Conversely, the yearly low was recorded on August 18, dropping to 1.9525.

This high-to-low spread represents a total annual volatility of 0.5728 HUF. From a start-to-finish perspective, comparing the January average rate of 2.2367 to the December average rate of 2.0516, the exchange rate registered a net change of -8.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5253 was up 10.07% compared to the 2019 peak of 2.2942, 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 12,626 HUF
2019 Average 10,885 HUF
Yearly Trough Low 9,762 HUF
Transaction Impact: A difference of 2,863.97 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4275
1.9367
JanuMarcMayJulySeptNove

JMD to HUF 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 2.2617, compared to 2.0832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1785 points.

H1 Avg (Jan–Jun) 2.2617
H2 Avg (Jul–Dec) 2.0832

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2982 HUF (High: 2.4810 / Low: 2.1828). On the other end, August was the most stable month, with a tight range of 0.0605 HUF (High: 2.0129 / Low: 1.9525).

March Spread (Volatile) ±0.2982
August Spread (Stable) ±0.0605

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 0.1646 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1646

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.3866) against the same month in 2019 (average: 2.2072), the exchange rate shifted by +0.1794 (+8.13%).

2020 Avg (April) 2.3866
2019 Avg (April) 2.2072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2757 2.1785 2.2367
February 2.2630 2.1741 2.2110
March 2.4810 2.1828 2.3119
April 2.5253 2.2752 2.3866
May 2.2953 2.1642 2.2291
June 2.2731 2.1238 2.1951
July 2.2531 1.9771 2.1423
August 2.0129 1.9525 1.9776
September 2.2128 2.0142 2.1268
October 2.1642 2.0945 2.1323
November 2.1701 2.0313 2.0684
December 2.0899 2.0143 2.0516