YEARLY HIGH
0.1143 JMD
YEARLY LOW
0.0892 JMD
YEARLY AVERAGE
0.1034 JMD

2020 MMK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.1143. Conversely, the yearly low was recorded on January 13, dropping to 0.0892.

This high-to-low spread represents a total annual volatility of 0.0252 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0916 to the December average rate of 0.1075, the exchange rate registered a net change of 17.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1143 was up 21.95% compared to the 2019 peak of 0.0938, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 572 JMD
2019 Average 439 JMD
Yearly Trough Low 446 JMD
Transaction Impact: A difference of 125.84 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1152
0.0895
JanuMarcMayJulySeptNove

MMK 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 0.0975, compared to 0.1093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 0.0975
H2 Avg (Jul–Dec) 0.1093

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0072 JMD (High: 0.1108 / Low: 0.1036). On the other end, February was the most stable month, with a tight range of 0.0025 JMD (High: 0.0978 / Low: 0.0952).

December Spread (Volatile) ±0.0072
February Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0056 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.1131) against the same month in 2019 (average: 0.0926), the exchange rate shifted by +0.0205 (+22.19%).

2020 Avg (November) 0.1131
2019 Avg (November) 0.0926

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0954 0.0892 0.0916
February 0.0978 0.0952 0.0964
March 0.1006 0.0947 0.0966
April 0.1004 0.0938 0.0968
May 0.1046 0.0997 0.1028
June 0.1022 0.0996 0.1010
July 0.1081 0.1019 0.1046
August 0.1122 0.1078 0.1098
September 0.1119 0.1076 0.1088
October 0.1136 0.1083 0.1118
November 0.1143 0.1114 0.1131
December 0.1108 0.1036 0.1075