2020 JMD to ZAR Historical Review

YEARLY HIGH

0.1436 ZAR

YEARLY LOW

0.1013 ZAR

YEARLY AVERAGE

0.1161 ZAR

2020 JMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.1436. Conversely, the yearly low was recorded on December 19, dropping to 0.1013.

This high-to-low spread represents a total annual volatility of 0.0423 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1071 to the December average rate of 0.1035, the exchange rate registered a net change of -3.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1436 was up 23.02% compared to the 2019 peak of 0.1167, 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 718 ZAR

2019 Average 541 ZAR

Yearly Trough Low 506 ZAR

Transaction Impact: A difference of 211.74 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1386

0.1003

JanuMarcMayJulySeptNove

JMD to ZAR 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 0.1202, compared to 0.1120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.1202

H2 Avg (Jul–Dec) 0.1120

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0216 ZAR (High: 0.1342 / Low: 0.1126). On the other end, December was the most stable month, with a tight range of 0.0044 ZAR (High: 0.1057 / Low: 0.1013).

March Spread (Volatile) ±0.0216

December Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between January and April, 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 0.0095 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.1354) against the same month in 2019 (average: 0.1092), the exchange rate shifted by +0.0263 (+24.08%).

2020 Avg (April) 0.1354

2019 Avg (April) 0.1092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1094	0.1035	0.1071
February	0.1142	0.1052	0.1077
March	0.1342	0.1126	0.1235
April	0.1436	0.1283	0.1354
May	0.1345	0.1196	0.1259
June	0.1248	0.1172	0.1217
July	0.1226	0.1123	0.1172
August	0.1193	0.1108	0.1155
September	0.1210	0.1122	0.1163
October	0.1172	0.1110	0.1138
November	0.1116	0.1029	0.1056
December	0.1057	0.1013	0.1035