YEARLY HIGH
17.4256 JMD
YEARLY LOW
12.9213 JMD
YEARLY AVERAGE
15.4859 JMD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 87,128 JMD
2019 Average 70,624 JMD
Yearly Trough Low 64,607 JMD
Transaction Impact: A difference of 22,521.59 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

17.5527
13.3809
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 14.3419
H2 Avg (Jul–Dec) 16.6298

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±2.0169
February Spread (Stable) ±0.4795

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 0.8339 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8339

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 17.2050
2019 Avg (December) 14.5285

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