YEARLY HIGH
20.1967 JMD
YEARLY LOW
9.9926 JMD
YEARLY AVERAGE
16.5088 JMD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 100,984 JMD
2019 Average 89,531 JMD
Yearly Trough Low 49,963 JMD
Transaction Impact: A difference of 51,020.31 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

20.9681
9.1722
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 18.5983
H2 Avg (Jul–Dec) 14.4193

Volatility Range Comparison

Volatility

The 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).

September Spread (Volatile) ±9.8835
November Spread (Stable) ±0.2165

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.3853

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (August) 19.9851
2019 Avg (August) 18.0963

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