2019 BGN to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BGN to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BGN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 80.2747. Conversely, the yearly low was recorded on March 28, dropping to 71.8164.
This high-to-low spread represents a total annual volatility of 8.4583 JMD. From a start-to-finish perspective, comparing the January average rate of 75.9075 to the December average rate of 77.8126, the exchange rate registered a net change of 2.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 80.2747 was down 1.98% compared to the 2018 peak of 81.8949, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
BGN 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 75.5877, compared to 77.2688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6810 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 5.4111 JMD (High: 80.2747 / Low: 74.8636). On the other end, November was the most stable month, with a tight range of 0.9265 JMD (High: 79.6376 / Low: 78.7111).
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 February and March, when the average rate fell by 4.6662 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 77.8126) against the same month in 2018 (average: 74.3619), the exchange rate shifted by +3.4506 (+4.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.0648 | 73.4251 | 75.9075 |
| February | 79.8297 | 75.1980 | 77.5539 |
| March | 75.1664 | 71.8164 | 72.8878 |
| April | 76.3443 | 71.8614 | 74.3913 |
| May | 78.4506 | 76.1234 | 77.1179 |
| June | 78.3221 | 74.0905 | 75.6681 |
| July | 77.7682 | 75.4116 | 76.5463 |
| August | 77.4482 | 76.0876 | 76.7706 |
| September | 77.4952 | 75.0900 | 76.4328 |
| October | 78.8374 | 74.6504 | 76.7971 |
| November | 79.6376 | 78.7111 | 79.2531 |
| December | 80.2747 | 74.8636 | 77.8126 |