YEARLY HIGH
0.1180 MVR
YEARLY LOW
0.1023 MVR
YEARLY AVERAGE
0.1088 MVR

2020 JMD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1180. Conversely, the yearly low was recorded on August 24, dropping to 0.1023.

This high-to-low spread represents a total annual volatility of 0.0157 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1149 to the December average rate of 0.1072, the exchange rate registered a net change of -6.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1180 was down 5.34% compared to the 2019 peak of 0.1247, 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 590 MVR
2019 Average 579 MVR
Yearly Trough Low 512 MVR
Transaction Impact: A difference of 78.56 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1161
0.1022
JanuMarcMayJulySeptNove

JMD to MVR 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 0.1115, compared to 0.1061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.1115
H2 Avg (Jul–Dec) 0.1061

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0072 MVR (High: 0.1180 / Low: 0.1108). On the other end, November was the most stable month, with a tight range of 0.0022 MVR (High: 0.1062 / Low: 0.1040).

January Spread (Volatile) ±0.0072
November Spread (Stable) ±0.0022

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 0.0049 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1149) against the same month in 2019 (average: 0.1191), the exchange rate shifted by -0.0042 (-3.52%).

2020 Avg (January) 0.1149
2019 Avg (January) 0.1191

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1180 0.1108 0.1149
February 0.1131 0.1091 0.1105
March 0.1154 0.1131 0.1143
April 0.1150 0.1091 0.1121
May 0.1102 0.1051 0.1073
June 0.1106 0.1080 0.1097
July 0.1108 0.1046 0.1076
August 0.1047 0.1023 0.1034
September 0.1089 0.1040 0.1071
October 0.1089 0.1053 0.1067
November 0.1062 0.1040 0.1048
December 0.1084 0.1052 0.1072