2020 JMD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 JMD to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JMD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 126.1299. Conversely, the yearly low was recorded on November 11, dropping to 95.0576.
This high-to-low spread represents a total annual volatility of 31.0723 IDR. From a start-to-finish perspective, comparing the January average rate of 102.0209 to the December average rate of 98.2075, the exchange rate registered a net change of -3.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 126.1299 was up 10.10% compared to the 2019 peak of 114.5615, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
JMD to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 105.1684, compared to 99.9679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2006 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 24.4671 IDR (High: 126.1299 / Low: 101.6628). On the other end, August was the most stable month, with a tight range of 2.8978 IDR (High: 100.0438 / Low: 97.1460).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 11.7124 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 112.2477) against the same month in 2019 (average: 112.7045), the exchange rate shifted by -0.4568 (-0.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 106.4162 | 95.6579 | 102.0209 |
| February | 101.8762 | 96.6337 | 98.3291 |
| March | 126.1299 | 101.6628 | 112.2477 |
| April | 124.0398 | 106.9827 | 114.6127 |
| May | 107.9038 | 100.0216 | 102.9003 |
| June | 104.4370 | 97.9913 | 100.8998 |
| July | 103.9114 | 98.5277 | 101.4808 |
| August | 100.0438 | 97.1460 | 98.5539 |
| September | 105.2513 | 98.8251 | 103.1153 |
| October | 104.9540 | 99.9132 | 101.8003 |
| November | 100.6982 | 95.0576 | 96.6495 |
| December | 99.3967 | 96.4438 | 98.2075 |