2020 MGA to JMD Historical Review

YEARLY HIGH

0.0393 JMD

YEARLY LOW

0.0355 JMD

YEARLY AVERAGE

0.0373 JMD

2020 MGA to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.0393. Conversely, the yearly low was recorded on January 14, dropping to 0.0355.

This high-to-low spread represents a total annual volatility of 0.0037 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0366 to the December average rate of 0.0377, the exchange rate registered a net change of 2.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0393 was down 31.95% compared to the 2019 peak of 0.0577, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 196 JMD

2019 Average 184 JMD

Yearly Trough Low 178 JMD

Transaction Impact: A difference of 18.60 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0391

0.0361

JanuMarcMayJulySeptNove

MGA 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 0.0370, compared to 0.0376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0370

H2 Avg (Jul–Dec) 0.0376

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0029 JMD (High: 0.0385 / Low: 0.0355). On the other end, August was the most stable month, with a tight range of 0.0008 JMD (High: 0.0392 / Low: 0.0384).

January Spread (Volatile) ±0.0029

August Spread (Stable) ±0.0008

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 August and September, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0377) against the same month in 2019 (average: 0.0382), the exchange rate shifted by -0.0005 (-1.43%).

2020 Avg (December) 0.0377

2019 Avg (December) 0.0382

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0385	0.0355	0.0366
February	0.0385	0.0368	0.0378
March	0.0370	0.0359	0.0363
April	0.0373	0.0356	0.0364
May	0.0385	0.0370	0.0379
June	0.0382	0.0360	0.0368
July	0.0387	0.0360	0.0372
August	0.0392	0.0384	0.0388
September	0.0387	0.0364	0.0373
October	0.0372	0.0363	0.0369
November	0.0388	0.0368	0.0375
December	0.0393	0.0365	0.0377