YEARLY HIGH
0.0206 XCD
YEARLY LOW
0.0179 XCD
YEARLY AVERAGE
0.0191 XCD

2020 JMD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0206. Conversely, the yearly low was recorded on August 24, dropping to 0.0179.

This high-to-low spread represents a total annual volatility of 0.0027 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0201 to the December average rate of 0.0188, 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 0.0206 was down 5.04% compared to the 2019 peak of 0.0217, 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 103 XCD
2019 Average 101 XCD
Yearly Trough Low 90 XCD
Transaction Impact: A difference of 13.44 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0203
0.0179
JanuMarcMayJulySeptNove

JMD to XCD 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 0.0195, compared to 0.0186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0195
H2 Avg (Jul–Dec) 0.0186

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0013 XCD (High: 0.0206 / Low: 0.0194). On the other end, November was the most stable month, with a tight range of 0.0004 XCD (High: 0.0186 / Low: 0.0182).

January Spread (Volatile) ±0.0013
November Spread (Stable) ±0.0004

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 0.0009 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0201) against the same month in 2019 (average: 0.0208), the exchange rate shifted by -0.0007 (-3.34%).

2020 Avg (January) 0.0201
2019 Avg (January) 0.0208

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0206 0.0194 0.0201
February 0.0197 0.0191 0.0193
March 0.0202 0.0197 0.0200
April 0.0202 0.0191 0.0197
May 0.0192 0.0184 0.0187
June 0.0194 0.0189 0.0192
July 0.0194 0.0183 0.0189
August 0.0184 0.0179 0.0181
September 0.0191 0.0182 0.0188
October 0.0191 0.0185 0.0187
November 0.0186 0.0182 0.0184
December 0.0190 0.0185 0.0188