YEARLY HIGH
28.1361 MGA
YEARLY LOW
25.4706 MGA
YEARLY AVERAGE
26.8540 MGA

2020 JMD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 28.1361. Conversely, the yearly low was recorded on December 2, dropping to 25.4706.

This high-to-low spread represents a total annual volatility of 2.6655 MGA. From a start-to-finish perspective, comparing the January average rate of 27.3687 to the December average rate of 26.5677, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 28.1361 was down 2.06% compared to the 2019 peak of 28.7278, 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 140,680 MGA
2019 Average 136,107 MGA
Yearly Trough Low 127,353 MGA
Transaction Impact: A difference of 13,327.27 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

27.7121
25.5661
JanuMarcMayJulySeptNove

JMD to MGA 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 27.0701, compared to 26.6379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4322 points.

H1 Avg (Jan–Jun) 27.0701
H2 Avg (Jul–Dec) 26.6379

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 2.1559 MGA (High: 28.1361 / Low: 25.9802). On the other end, August was the most stable month, with a tight range of 0.5476 MGA (High: 26.0330 / Low: 25.4853).

January Spread (Volatile) ±2.1559
August Spread (Stable) ±0.5476

Growth Streaks & Declines

Trends

Between August and October, 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 1.1187 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 27.3687) against the same month in 2019 (average: 27.3718), the exchange rate shifted by -0.0030 (-0.01%).

2020 Avg (January) 27.3687
2019 Avg (January) 27.3718

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.1361 25.9802 27.3687
February 27.1403 25.9802 26.4893
March 27.8600 26.9934 27.5332
April 28.0736 26.8230 27.4416
May 27.0052 25.9526 26.4017
June 27.7506 26.1731 27.1862
July 27.7980 25.8349 26.8636
August 26.0330 25.4853 25.7449
September 27.4856 25.8612 26.8471
October 27.5617 26.8621 27.1187
November 27.1407 25.8005 26.6853
December 27.3766 25.4706 26.5677