YEARLY HIGH
41.3598 JMD
YEARLY LOW
35.9782 JMD
YEARLY AVERAGE
38.9854 JMD

2020 QAR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 41.3598. Conversely, the yearly low was recorded on January 5, dropping to 35.9782.

This high-to-low spread represents a total annual volatility of 5.3816 JMD. From a start-to-finish perspective, comparing the January average rate of 36.9614 to the December average rate of 39.4693, the exchange rate registered a net change of 6.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 41.3598 was up 6.72% compared to the 2019 peak of 38.7548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 206,799 JMD
2019 Average 183,393 JMD
Yearly Trough Low 179,891 JMD
Transaction Impact: A difference of 26,907.85 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

41.3228
36.5649
JanuMarcMayJulySeptNove

QAR 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 38.0943, compared to 39.8766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7823 points.

H1 Avg (Jan–Jun) 38.0943
H2 Avg (Jul–Dec) 39.8766

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 2.3436 JMD (High: 38.3218 / Low: 35.9782). On the other end, November was the most stable month, with a tight range of 0.8417 JMD (High: 40.6858 / Low: 39.8441).

January Spread (Volatile) ±2.3436
November Spread (Stable) ±0.8417

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 1.4174 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 40.9263) against the same month in 2019 (average: 37.0700), the exchange rate shifted by +3.8563 (+10.40%).

2020 Avg (August) 40.9263
2019 Avg (August) 37.0700

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.3218 35.9782 36.9614
February 38.8604 37.6769 38.4093
March 37.6769 36.7479 37.1350
April 38.8929 36.7914 37.7783
May 40.3870 38.6341 39.6216
June 39.2727 38.2693 38.6601
July 40.4653 38.1772 39.3177
August 41.3598 40.3722 40.9263
September 40.7190 38.8475 39.5089
October 40.1549 38.8527 39.6758
November 40.6858 39.8441 40.3615
December 40.2143 39.0004 39.4693