YEARLY HIGH
0.4219 JMD
YEARLY LOW
0.3669 JMD
YEARLY AVERAGE
0.3976 JMD

2020 MRO to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.4219. Conversely, the yearly low was recorded on January 5, dropping to 0.3669.

This high-to-low spread represents a total annual volatility of 0.0550 JMD. From a start-to-finish perspective, comparing the January average rate of 0.3770 to the December average rate of 0.4026, the exchange rate registered a net change of 6.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4219 was up 6.75% compared to the 2019 peak of 0.3953, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,110 JMD
2019 Average 1,870 JMD
Yearly Trough Low 1,835 JMD
Transaction Impact: A difference of 274.93 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4216
0.3729
JanuMarcMayJulySeptNove

MRO 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 0.3885, compared to 0.4067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0182 points.

H1 Avg (Jan–Jun) 0.3885
H2 Avg (Jul–Dec) 0.4067

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0239 JMD (High: 0.3908 / Low: 0.3669). On the other end, November was the most stable month, with a tight range of 0.0086 JMD (High: 0.4149 / Low: 0.4064).

January Spread (Volatile) ±0.0239
November Spread (Stable) ±0.0086

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 0.0146 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.4175) against the same month in 2019 (average: 0.3780), the exchange rate shifted by +0.0395 (+10.44%).

2020 Avg (August) 0.4175
2019 Avg (August) 0.3780

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3908 0.3669 0.3770
February 0.3963 0.3843 0.3917
March 0.3843 0.3739 0.3787
April 0.3967 0.3754 0.3853
May 0.4119 0.3941 0.4042
June 0.4005 0.3903 0.3943
July 0.4127 0.3894 0.4010
August 0.4219 0.4122 0.4175
September 0.4152 0.3962 0.4029
October 0.4095 0.3963 0.4046
November 0.4149 0.4064 0.4116
December 0.4101 0.3978 0.4026