YEARLY HIGH
0.0187 JMD
YEARLY LOW
0.0139 JMD
YEARLY AVERAGE
0.0155 JMD

2020 SLL to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SLL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0187. Conversely, the yearly low was recorded on April 13, dropping to 0.0139.

This high-to-low spread represents a total annual volatility of 0.0048 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0180 to the December average rate of 0.0142, the exchange rate registered a net change of -21.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0187 was down 2.17% compared to the 2019 peak of 0.0192, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94 JMD
2019 Average 84 JMD
Yearly Trough Low 70 JMD
Transaction Impact: A difference of 24.05 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0189
0.0138
JanuMarcMayJulySeptNove

SLL 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 0.0165, compared to 0.0146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0165
H2 Avg (Jul–Dec) 0.0146

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0039 JMD (High: 0.0179 / Low: 0.0139). On the other end, August was the most stable month, with a tight range of 0.0003 JMD (High: 0.0153 / Low: 0.0150).

April Spread (Volatile) ±0.0039
August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0185) against the same month in 2019 (average: 0.0159), the exchange rate shifted by +0.0025 (+15.83%).

2020 Avg (February) 0.0185
2019 Avg (February) 0.0159

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0186 0.0175 0.0180
February 0.0187 0.0180 0.0185
March 0.0180 0.0176 0.0178
April 0.0179 0.0139 0.0154
May 0.0150 0.0145 0.0148
June 0.0147 0.0143 0.0144
July 0.0151 0.0143 0.0147
August 0.0153 0.0150 0.0151
September 0.0150 0.0143 0.0146
October 0.0148 0.0144 0.0146
November 0.0147 0.0142 0.0146
December 0.0144 0.0141 0.0142