2020 JMD to NOK Historical Review

YEARLY HIGH

0.0873 NOK

YEARLY LOW

0.0587 NOK

YEARLY AVERAGE

0.0665 NOK

2020 JMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0873. Conversely, the yearly low was recorded on August 31, dropping to 0.0587.

This high-to-low spread represents a total annual volatility of 0.0287 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0665 to the December average rate of 0.0606, the exchange rate registered a net change of -8.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0873 was up 26.11% compared to the 2019 peak of 0.0693, 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 437 NOK

2019 Average 330 NOK

Yearly Trough Low 293 NOK

Transaction Impact: A difference of 143.48 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0777

0.0584

JanuMarcMayJulySeptNove

JMD to NOK 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 0.0704, compared to 0.0626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.0704

H2 Avg (Jul–Dec) 0.0626

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0192 NOK (High: 0.0873 / Low: 0.0682). On the other end, December was the most stable month, with a tight range of 0.0017 NOK (High: 0.0616 / Low: 0.0598).

March Spread (Volatile) ±0.0192

December Spread (Stable) ±0.0017

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 April and May, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0760) against the same month in 2019 (average: 0.0682), the exchange rate shifted by +0.0079 (+11.54%).

2020 Avg (March) 0.0760

2019 Avg (March) 0.0682

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0675	0.0647	0.0665
February	0.0685	0.0653	0.0664
March	0.0873	0.0682	0.0760
April	0.0790	0.0724	0.0758
May	0.0742	0.0675	0.0700
June	0.0698	0.0648	0.0678
July	0.0685	0.0613	0.0650
August	0.0619	0.0587	0.0600
September	0.0676	0.0590	0.0637
October	0.0660	0.0632	0.0643
November	0.0659	0.0600	0.0618
December	0.0616	0.0598	0.0606