YEARLY HIGH
1896.8990 VEF
YEARLY LOW
1649.6885 VEF
YEARLY AVERAGE
1752.4012 VEF

2020 JMD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1896.8990. Conversely, the yearly low was recorded on August 24, dropping to 1649.6885.

This high-to-low spread represents a total annual volatility of 247.2104 VEF. From a start-to-finish perspective, comparing the January average rate of 1847.4455 to the December average rate of 1728.8802, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1896.8990 was down 5.04% compared to the 2019 peak of 1997.5345, 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 9,484,495 VEF
2019 Average 9,312,336 VEF
Yearly Trough Low 8,248,443 VEF
Transaction Impact: A difference of 1,236,052.09 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1865.4678
1649.1993
JanuMarcMayJulySeptNove

JMD to VEF 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 1792.8611, compared to 1711.9413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 80.9197 points.

H1 Avg (Jan–Jun) 1792.8611
H2 Avg (Jul–Dec) 1711.9413

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 116.0028 VEF (High: 1896.8990 / Low: 1780.8962). On the other end, November was the most stable month, with a tight range of 35.4359 VEF (High: 1712.8528 / Low: 1677.4169).

January Spread (Volatile) ±116.0028
November Spread (Stable) ±35.4359

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 84.7673 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -84.7673

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1847.4455) against the same month in 2019 (average: 1911.3000), the exchange rate shifted by -63.8545 (-3.34%).

2020 Avg (January) 1847.4455
2019 Avg (January) 1911.3000

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1896.8990 1780.8962 1847.4455
February 1811.2529 1756.2106 1776.9745
March 1861.3532 1811.2529 1837.9662
April 1854.0507 1754.7427 1807.0644
May 1766.3767 1689.8270 1722.2971
June 1783.3396 1737.7951 1765.4186
July 1787.5026 1686.6727 1736.3724
August 1688.4906 1649.6885 1667.2217
September 1756.8933 1676.2981 1727.8987
October 1756.5584 1699.5964 1720.3399
November 1712.8528 1677.4169 1690.9351
December 1749.7875 1697.0852 1728.8802