2020 SEK to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SEK to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SEK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 17.4256. Conversely, the yearly low was recorded on March 22, dropping to 12.9213.
This high-to-low spread represents a total annual volatility of 4.5043 JMD. From a start-to-finish perspective, comparing the January average rate of 14.1602 to the December average rate of 17.2050, the exchange rate registered a net change of 21.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 17.4256 was up 15.85% compared to the 2019 peak of 15.0410, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SEK to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.3419, compared to 16.6298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2879 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 2.0169 JMD (High: 16.9287 / Low: 14.9118). On the other end, February was the most stable month, with a tight range of 0.4795 JMD (High: 14.6344 / Low: 14.1549).
Growth Streaks & Declines
TrendsBetween 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 0.8339 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 17.2050) against the same month in 2019 (average: 14.5285), the exchange rate shifted by +2.6765 (+18.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.5831 | 13.9094 | 14.1602 |
| February | 14.6344 | 14.1549 | 14.4447 |
| March | 14.3789 | 12.9213 | 13.7614 |
| April | 14.4995 | 13.1646 | 13.7285 |
| May | 15.2913 | 14.1891 | 14.8443 |
| June | 15.6421 | 14.8128 | 15.1125 |
| July | 16.9287 | 14.9118 | 15.8395 |
| August | 17.3555 | 16.7644 | 17.0990 |
| September | 17.0815 | 15.4979 | 16.2651 |
| October | 16.7013 | 15.8425 | 16.3550 |
| November | 17.3092 | 16.2922 | 17.0154 |
| December | 17.4256 | 16.9300 | 17.2050 |