YEARLY HIGH
0.2014 JMD
YEARLY LOW
0.1780 JMD
YEARLY AVERAGE
0.1908 JMD

2020 MWK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.2014. Conversely, the yearly low was recorded on January 5, dropping to 0.1780.

This high-to-low spread represents a total annual volatility of 0.0233 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1828 to the December average rate of 0.1874, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2014 was up 3.86% compared to the 2019 peak of 0.1939, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,007 JMD
2019 Average 910 JMD
Yearly Trough Low 890 JMD
Transaction Impact: A difference of 116.69 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2016
0.1811
JanuMarcMayJulySeptNove

MWK 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 0.1884, compared to 0.1931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.1884
H2 Avg (Jul–Dec) 0.1931

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0118 JMD (High: 0.1898 / Low: 0.1780). On the other end, August was the most stable month, with a tight range of 0.0034 JMD (High: 0.2014 / Low: 0.1980).

January Spread (Volatile) ±0.0118
August Spread (Stable) ±0.0034

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 0.0080 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.1999) against the same month in 2019 (average: 0.1843), the exchange rate shifted by +0.0156 (+8.48%).

2020 Avg (August) 0.1999
2019 Avg (August) 0.1843

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1898 0.1780 0.1828
February 0.1938 0.1860 0.1904
March 0.1860 0.1820 0.1837
April 0.1923 0.1819 0.1869
May 0.2000 0.1914 0.1960
June 0.1943 0.1888 0.1909
July 0.1991 0.1885 0.1942
August 0.2014 0.1980 0.1999
September 0.1981 0.1883 0.1919
October 0.1935 0.1884 0.1916
November 0.1951 0.1914 0.1934
December 0.1917 0.1844 0.1874