2020 MAD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MAD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MAD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 16.4178. Conversely, the yearly low was recorded on April 5, dropping to 13.0332.
This high-to-low spread represents a total annual volatility of 3.3846 JMD. From a start-to-finish perspective, comparing the January average rate of 14.0063 to the December average rate of 16.0033, the exchange rate registered a net change of 14.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 16.4178 was up 12.02% compared to the 2019 peak of 14.6559, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MAD to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.1996, compared to 15.7538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5542 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 1.4721 JMD (High: 15.7903 / Low: 14.3182). On the other end, February was the most stable month, with a tight range of 0.3315 JMD (High: 14.5739 / Low: 14.2424).
Growth Streaks & Declines
TrendsBetween June and August, 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 August and September, when the average rate fell by 0.5452 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 16.1443) against the same month in 2019 (average: 14.0779), the exchange rate shifted by +2.0663 (+14.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.5400 | 13.6220 | 14.0063 |
| February | 14.5739 | 14.2424 | 14.4527 |
| March | 14.2945 | 13.4161 | 13.9674 |
| April | 14.3258 | 13.0332 | 13.5792 |
| May | 14.9531 | 14.2862 | 14.6500 |
| June | 14.7970 | 14.3455 | 14.5418 |
| July | 15.7903 | 14.3182 | 14.9938 |
| August | 16.4178 | 15.7602 | 16.1443 |
| September | 16.2578 | 15.2338 | 15.5990 |
| October | 15.9487 | 15.2770 | 15.6909 |
| November | 16.2253 | 15.6978 | 16.0916 |
| December | 16.2312 | 15.3709 | 16.0033 |