YEARLY HIGH
0.0774 SEK
YEARLY LOW
0.0574 SEK
YEARLY AVERAGE
0.0650 SEK

2020 JMD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0774. Conversely, the yearly low was recorded on December 29, dropping to 0.0574.

This high-to-low spread represents a total annual volatility of 0.0200 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0706 to the December average rate of 0.0581, the exchange rate registered a net change of -17.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0774 was up 3.92% compared to the 2019 peak of 0.0745, 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 387 SEK
2019 Average 354 SEK
Yearly Trough Low 287 SEK
Transaction Impact: A difference of 100.02 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0744
0.0567
JanuMarcMayJulySeptNove

JMD to SEK 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 0.0698, compared to 0.0602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.0698
H2 Avg (Jul–Dec) 0.0602

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0080 SEK (High: 0.0671 / Low: 0.0591). On the other end, December was the most stable month, with a tight range of 0.0017 SEK (High: 0.0591 / Low: 0.0574).

July Spread (Volatile) ±0.0080
December Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between February and April, 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 0.0055 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0728) against the same month in 2019 (average: 0.0736), the exchange rate shifted by -0.0009 (-1.20%).

2020 Avg (March) 0.0728
2019 Avg (March) 0.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0719 0.0686 0.0706
February 0.0706 0.0683 0.0692
March 0.0774 0.0695 0.0728
April 0.0760 0.0690 0.0729
May 0.0705 0.0654 0.0674
June 0.0675 0.0639 0.0662
July 0.0671 0.0591 0.0632
August 0.0597 0.0576 0.0585
September 0.0645 0.0585 0.0615
October 0.0631 0.0599 0.0612
November 0.0614 0.0578 0.0588
December 0.0591 0.0574 0.0581