YEARLY HIGH
55.7351 JMD
YEARLY LOW
48.4715 JMD
YEARLY AVERAGE
52.5257 JMD

2020 XCD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the XCD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 55.7351. Conversely, the yearly low was recorded on January 5, dropping to 48.4715.

This high-to-low spread represents a total annual volatility of 7.2636 JMD. From a start-to-finish perspective, comparing the January average rate of 49.7948 to the December average rate of 53.1855, the exchange rate registered a net change of 6.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 55.7351 was up 6.75% compared to the 2019 peak of 52.2123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 278,676 JMD
2019 Average 247,071 JMD
Yearly Trough Low 242,358 JMD
Transaction Impact: A difference of 36,317.98 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

55.6868
49.2592
JanuMarcMayJulySeptNove

XCD 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 51.3241, compared to 53.7273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4031 points.

H1 Avg (Jan–Jun) 51.3241
H2 Avg (Jul–Dec) 53.7273

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 3.1573 JMD (High: 51.6289 / Low: 48.4715). On the other end, November was the most stable month, with a tight range of 1.1340 JMD (High: 54.8138 / Low: 53.6798).

January Spread (Volatile) ±3.1573
November Spread (Stable) ±1.1340

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 August and September, when the average rate fell by 1.9244 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 55.1511) against the same month in 2019 (average: 49.9387), the exchange rate shifted by +5.2125 (+10.44%).

2020 Avg (August) 55.1511
2019 Avg (August) 49.9387

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.6289 48.4715 49.7948
February 52.3546 50.7635 51.7467
March 50.7635 49.3972 50.0269
April 52.3983 49.5918 50.8978
May 54.4113 52.0532 53.3934
June 52.9094 51.5581 52.0852
July 54.5130 51.4380 52.9705
August 55.7351 54.4543 55.1511
September 54.8504 52.3342 53.2267
October 54.0985 52.3442 53.4526
November 54.8138 53.6798 54.3771
December 54.1786 52.5467 53.1855