YEARLY HIGH
3.3766 KZT
YEARLY LOW
2.6618 KZT
YEARLY AVERAGE
2.9178 KZT

2020 JMD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 3.3766. Conversely, the yearly low was recorded on February 16, dropping to 2.6618.

This high-to-low spread represents a total annual volatility of 0.7148 KZT. From a start-to-finish perspective, comparing the January average rate of 2.8198 to the December average rate of 2.9286, the exchange rate registered a net change of 3.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.3766 was up 10.98% compared to the 2019 peak of 3.0424, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,883 KZT
2019 Average 14,352 KZT
Yearly Trough Low 13,309 KZT
Transaction Impact: A difference of 3,573.80 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3.1959
2.6578
JanuMarcMayJulySeptNove

JMD to KZT 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 2.9223, compared to 2.9133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 2.9223
H2 Avg (Jul–Dec) 2.9133

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.6180 KZT (High: 3.3766 / Low: 2.7586). On the other end, December was the most stable month, with a tight range of 0.0669 KZT (High: 2.9686 / Low: 2.9016).

March Spread (Volatile) ±0.6180
December Spread (Stable) ±0.0669

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.2481 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 3.0967) against the same month in 2019 (average: 2.9985), the exchange rate shifted by +0.0981 (+3.27%).

2020 Avg (March) 3.0967
2019 Avg (March) 2.9985

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9231 2.7158 2.8198
February 2.7596 2.6618 2.7026
March 3.3766 2.7586 3.0967
April 3.3563 3.0308 3.1511
May 3.0285 2.8092 2.9030
June 2.9027 2.7948 2.8605
July 2.9310 2.8251 2.8844
August 2.8673 2.7825 2.8177
September 3.0552 2.8217 2.9553
October 3.0617 2.9325 2.9749
November 3.0010 2.8761 2.9186
December 2.9686 2.9016 2.9286