2020 SRD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SRD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SRD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 20.1967. Conversely, the yearly low was recorded on September 24, dropping to 9.9926.
This high-to-low spread represents a total annual volatility of 10.2041 JMD. From a start-to-finish perspective, comparing the January average rate of 18.0441 to the December average rate of 10.1552, the exchange rate registered a net change of -43.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 20.1967 was up 6.75% compared to the 2019 peak of 18.9201, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SRD 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 18.5983, compared to 14.4193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1790 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was September, with a trading range of 9.8835 JMD (High: 19.8761 / Low: 9.9926). On the other end, November was the most stable month, with a tight range of 0.2165 JMD (High: 10.4661 / Low: 10.2496).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 6.3853 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 19.9851) against the same month in 2019 (average: 18.0963), the exchange rate shifted by +1.8888 (+10.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.7087 | 17.5646 | 18.0441 |
| February | 18.9717 | 18.3951 | 18.7514 |
| March | 18.3951 | 17.9000 | 18.1282 |
| April | 18.9876 | 17.9705 | 18.4438 |
| May | 19.7170 | 18.8625 | 19.3481 |
| June | 19.1727 | 18.6831 | 18.8741 |
| July | 19.7538 | 18.6396 | 19.1949 |
| August | 20.1967 | 19.7326 | 19.9851 |
| September | 19.8761 | 9.9926 | 16.5915 |
| October | 10.3295 | 9.9945 | 10.2062 |
| November | 10.4661 | 10.2496 | 10.3827 |
| December | 10.3448 | 10.0332 | 10.1552 |