YEARLY HIGH
0.0023 KWD
YEARLY LOW
0.0020 KWD
YEARLY AVERAGE
0.0022 KWD

2020 JMD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.0023. Conversely, the yearly low was recorded on August 19, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0003 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0021, the exchange rate registered a net change of -5.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0023 was down 3.81% compared to the 2019 peak of 0.0024, 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 KWD
2019 Average 11 KWD
Yearly Trough Low 10 KWD
Transaction Impact: A difference of 1.59 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0023
0.0020
JanuMarcMayJulySeptNove

JMD to KWD 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 0.0022, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0022
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0002 KWD (High: 0.0023 / Low: 0.0022). On the other end, November was the most stable month, with a tight range of 0.0000 KWD (High: 0.0021 / Low: 0.0021).

April Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0000

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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0023) against the same month in 2019 (average: 0.0024), the exchange rate shifted by -0.0001 (-5.02%).

2020 Avg (March) 0.0023
2019 Avg (March) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0023 0.0022 0.0023
February 0.0022 0.0022 0.0022
March 0.0023 0.0022 0.0023
April 0.0023 0.0022 0.0023
May 0.0022 0.0021 0.0021
June 0.0022 0.0022 0.0022
July 0.0022 0.0021 0.0021
August 0.0021 0.0020 0.0021
September 0.0022 0.0021 0.0021
October 0.0022 0.0021 0.0021
November 0.0021 0.0021 0.0021
December 0.0021 0.0021 0.0021