YEARLY HIGH
7.6337 JMD
YEARLY LOW
5.3088 JMD
YEARLY AVERAGE
6.6509 JMD

2020 MXN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 7.6337. Conversely, the yearly low was recorded on April 5, dropping to 5.3088.

This high-to-low spread represents a total annual volatility of 2.3249 JMD. From a start-to-finish perspective, comparing the January average rate of 7.1572 to the December average rate of 7.2051, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 7.6337 was up 2.86% compared to the 2019 peak of 7.4216, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 381,685 JMD
2019 Average 346,949 JMD
Yearly Trough Low 265,439 JMD
Transaction Impact: A difference of 116,246.15 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

7.5971
5.5085
JanuMarcMayJulySeptNove

MXN 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 6.4704, compared to 6.8315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3611 points.

H1 Avg (Jan–Jun) 6.4704
H2 Avg (Jul–Dec) 6.8315

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.7069 JMD (High: 7.0213 / Low: 5.3144). On the other end, December was the most stable month, with a tight range of 0.3052 JMD (High: 7.3748 / Low: 7.0697).

March Spread (Volatile) ±1.7069
December Spread (Stable) ±0.3052

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 February and March, when the average rate fell by 1.3285 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.3285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 7.4230) against the same month in 2019 (average: 6.9688), the exchange rate shifted by +0.4543 (+6.52%).

2020 Avg (February) 7.4230
2019 Avg (February) 6.9688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.4554 6.9131 7.1572
February 7.6337 6.9949 7.4230
March 7.0213 5.3144 6.0946
April 5.9573 5.3088 5.6825
May 6.5150 5.6635 6.1602
June 6.6568 6.0423 6.3047
July 6.6979 6.1253 6.3922
August 6.8784 6.5095 6.7289
September 6.8500 6.3303 6.6536
October 6.9946 6.4755 6.8012
November 7.3645 6.7890 7.2078
December 7.3748 7.0697 7.2051