YEARLY HIGH
0.0278 QAR
YEARLY LOW
0.0242 QAR
YEARLY AVERAGE
0.0257 QAR

2020 JMD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0278. Conversely, the yearly low was recorded on August 24, dropping to 0.0242.

This high-to-low spread represents a total annual volatility of 0.0036 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0271 to the December average rate of 0.0253, the exchange rate registered a net change of -6.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0278 was down 5.03% compared to the 2019 peak of 0.0293, 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 139 QAR
2019 Average 136 QAR
Yearly Trough Low 121 QAR
Transaction Impact: A difference of 18.08 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0273
0.0242
JanuMarcMayJulySeptNove

JMD to QAR 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 0.0263, compared to 0.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0263
H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0017 QAR (High: 0.0278 / Low: 0.0261). On the other end, November was the most stable month, with a tight range of 0.0005 QAR (High: 0.0251 / Low: 0.0246).

January Spread (Volatile) ±0.0017
November Spread (Stable) ±0.0005

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 0.0012 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0271) against the same month in 2019 (average: 0.0280), the exchange rate shifted by -0.0009 (-3.35%).

2020 Avg (January) 0.0271
2019 Avg (January) 0.0280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0278 0.0261 0.0271
February 0.0265 0.0257 0.0260
March 0.0272 0.0265 0.0269
April 0.0272 0.0257 0.0265
May 0.0259 0.0248 0.0252
June 0.0261 0.0255 0.0259
July 0.0262 0.0247 0.0254
August 0.0248 0.0242 0.0244
September 0.0257 0.0246 0.0253
October 0.0257 0.0249 0.0252
November 0.0251 0.0246 0.0248
December 0.0256 0.0249 0.0253