YEARLY HIGH
0.0582 TRY
YEARLY LOW
0.0426 TRY
YEARLY AVERAGE
0.0494 TRY

2020 JMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.0582. Conversely, the yearly low was recorded on January 28, dropping to 0.0426.

This high-to-low spread represents a total annual volatility of 0.0156 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0440 to the December average rate of 0.0536, the exchange rate registered a net change of 21.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0582 was up 26.05% compared to the 2019 peak of 0.0461, 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 291 TRY
2019 Average 213 TRY
Yearly Trough Low 213 TRY
Transaction Impact: A difference of 77.77 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0562
0.0422
JanuMarcMayJulySeptNove

JMD to TRY 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 0.0468, compared to 0.0520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0468
H2 Avg (Jul–Dec) 0.0520

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0069 TRY (High: 0.0582 / Low: 0.0513). On the other end, April was the most stable month, with a tight range of 0.0014 TRY (High: 0.0503 / Low: 0.0490).

November Spread (Volatile) ±0.0069
April Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0542) against the same month in 2019 (average: 0.0409), the exchange rate shifted by +0.0133 (+32.45%).

2020 Avg (November) 0.0542
2019 Avg (November) 0.0409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0456 0.0426 0.0440
February 0.0455 0.0426 0.0434
March 0.0488 0.0449 0.0469
April 0.0503 0.0490 0.0498
May 0.0503 0.0461 0.0480
June 0.0492 0.0470 0.0484
July 0.0493 0.0468 0.0480
August 0.0495 0.0469 0.0488
September 0.0552 0.0497 0.0525
October 0.0572 0.0537 0.0550
November 0.0582 0.0513 0.0542
December 0.0549 0.0517 0.0536