YEARLY HIGH
492.6557 JMD
YEARLY LOW
425.9545 JMD
YEARLY AVERAGE
462.7906 JMD

2020 KWD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 492.6557. Conversely, the yearly low was recorded on March 29, dropping to 425.9545.

This high-to-low spread represents a total annual volatility of 66.7012 JMD. From a start-to-finish perspective, comparing the January average rate of 443.4070 to the December average rate of 471.4631, the exchange rate registered a net change of 6.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 492.6557 was up 6.03% compared to the 2019 peak of 464.6225, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KWD based on timing:

Yearly Peak High 2,463,278 JMD
2019 Average 2,197,445 JMD
Yearly Trough Low 2,129,772 JMD
Transaction Impact: A difference of 333,506.00 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

492.5586
432.2526
JanuMarcMayJulySeptNove

KWD to JMD 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 450.8832, compared to 474.6981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.8149 points.

H1 Avg (Jan–Jun) 450.8832
H2 Avg (Jul–Dec) 474.6981

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 30.0927 JMD (High: 481.8089 / Low: 451.7162). On the other end, November was the most stable month, with a tight range of 10.7600 JMD (High: 484.7691 / Low: 474.0091).

July Spread (Volatile) ±30.0927
November Spread (Stable) ±10.7600

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 21.1123 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -21.1123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 487.5331) against the same month in 2019 (average: 443.8326), the exchange rate shifted by +43.7005 (+9.85%).

2020 Avg (August) 487.5331
2019 Avg (August) 443.8326

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 459.3207 432.2955 443.4070
February 464.0747 448.3631 458.3904
March 448.3631 425.9545 437.2781
April 457.9471 428.1909 441.9975
May 476.2159 454.7412 467.0156
June 464.1453 452.5031 457.2106
July 481.8089 451.7162 465.9752
August 492.6557 481.4779 487.5331
September 485.5881 461.5886 470.1827
October 478.0249 461.8891 472.2130
November 484.7691 474.0091 480.8213
December 479.4549 466.9068 471.4631