YEARLY HIGH
0.5714 INR
YEARLY LOW
0.4888 INR
YEARLY AVERAGE
0.5227 INR

2020 JMD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.5714. Conversely, the yearly low was recorded on August 29, dropping to 0.4888.

This high-to-low spread represents a total annual volatility of 0.0827 INR. From a start-to-finish perspective, comparing the January average rate of 0.5299 to the December average rate of 0.5125, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5714 was up 2.78% compared to the 2019 peak of 0.5560, 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 2,857 INR
2019 Average 2,638 INR
Yearly Trough Low 2,444 INR
Transaction Impact: A difference of 413.32 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5598
0.4950
JanuMarcMayJulySeptNove

JMD to INR 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 0.5351, compared to 0.5103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 0.5351
H2 Avg (Jul–Dec) 0.5103

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0428 INR (High: 0.5689 / Low: 0.5261). On the other end, November was the most stable month, with a tight range of 0.0132 INR (High: 0.5147 / Low: 0.5014).

March Spread (Volatile) ±0.0428
November Spread (Stable) ±0.0132

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 April and May, when the average rate fell by 0.0296 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0296

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.5544) against the same month in 2019 (average: 0.5358), the exchange rate shifted by +0.0186 (+3.47%).

2020 Avg (April) 0.5544
2019 Avg (April) 0.5358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5478 0.5109 0.5299
February 0.5261 0.5043 0.5119
March 0.5689 0.5261 0.5513
April 0.5714 0.5318 0.5544
May 0.5392 0.5145 0.5248
June 0.5482 0.5266 0.5383
July 0.5423 0.5079 0.5234
August 0.5100 0.4888 0.5004
September 0.5227 0.4928 0.5113
October 0.5182 0.5037 0.5093
November 0.5147 0.5014 0.5051
December 0.5168 0.5017 0.5125