YEARLY HIGH
20.4078 JMD
YEARLY LOW
18.0002 JMD
YEARLY AVERAGE
19.3247 JMD

2019 BOB to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BOB to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 20.4078. Conversely, the yearly low was recorded on March 19, dropping to 18.0002.

This high-to-low spread represents a total annual volatility of 2.4075 JMD. From a start-to-finish perspective, comparing the January average rate of 18.8234 to the December average rate of 19.8161, the exchange rate registered a net change of 5.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 20.4078 was up 2.54% compared to the 2018 peak of 19.9031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,039 JMD
2018 Average 93,276 JMD
Yearly Trough Low 90,001 JMD
Transaction Impact: A difference of 12,037.74 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

20.4865
18.0637
JanuMarcMayJulySeptNove

BOB 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 18.9414, compared to 19.7080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7666 points.

H1 Avg (Jan–Jun) 18.9414
H2 Avg (Jul–Dec) 19.7080

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1.2780 JMD (High: 20.3670 / Low: 19.0889). On the other end, August was the most stable month, with a tight range of 0.3130 JMD (High: 19.7396 / Low: 19.4266).

December Spread (Volatile) ±1.2780
August Spread (Stable) ±0.3130

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.0700 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 20.2846) against the same month in 2018 (average: 18.3250), the exchange rate shifted by +1.9596 (+10.69%).

2019 Avg (November) 20.2846
2018 Avg (November) 18.3250

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.3354 18.3510 18.8234
February 19.7761 18.6983 19.3356
March 18.7287 18.0002 18.2656
April 19.3656 18.1314 18.7416
May 19.7618 19.3184 19.5113
June 19.6615 18.6825 18.9708
July 19.7115 18.9343 19.3157
August 19.7396 19.4266 19.5430
September 19.8776 19.4457 19.6434
October 19.9964 19.3782 19.6453
November 20.4078 20.0384 20.2846
December 20.3670 19.0889 19.8161