YEARLY HIGH
36.9354 JMD
YEARLY LOW
29.7559 JMD
YEARLY AVERAGE
33.5147 JMD

2020 RON to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RON to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 36.9354. Conversely, the yearly low was recorded on March 22, dropping to 29.7559.

This high-to-low spread represents a total annual volatility of 7.1796 JMD. From a start-to-finish perspective, comparing the January average rate of 31.2667 to the December average rate of 35.9212, the exchange rate registered a net change of 14.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 36.9354 was up 12.22% compared to the 2019 peak of 32.9145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 184,677 JMD
2019 Average 157,491 JMD
Yearly Trough Low 148,779 JMD
Transaction Impact: A difference of 35,897.80 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

37.0148
30.3565
JanuMarcMayJulySeptNove

RON 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 31.7272, compared to 35.3021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5749 points.

H1 Avg (Jan–Jun) 31.7272
H2 Avg (Jul–Dec) 35.3021

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 3.8147 JMD (High: 36.1157 / Low: 32.3010). On the other end, December was the most stable month, with a tight range of 0.7784 JMD (High: 36.4022 / Low: 35.6238).

July Spread (Volatile) ±3.8147
December Spread (Stable) ±0.7784

Growth Streaks & Declines

Trends

Between April and August, 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 August and September, when the average rate fell by 1.5719 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.5719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 36.4599) against the same month in 2019 (average: 31.7674), the exchange rate shifted by +4.6925 (+14.77%).

2020 Avg (August) 36.4599
2019 Avg (August) 31.7674

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.3892 30.6234 31.2667
February 32.3892 31.1980 31.9279
March 31.8325 29.7559 30.9561
April 32.0397 29.9902 30.9114
May 33.2504 31.9175 32.5608
June 33.4441 32.2371 32.7405
July 36.1157 32.3010 33.9184
August 36.9354 35.8578 36.4599
September 36.5113 33.7361 34.8880
October 35.5400 34.0467 34.8799
November 36.0037 34.7222 35.7453
December 36.4022 35.6238 35.9212