YEARLY HIGH
189.3798 JMD
YEARLY LOW
158.7828 JMD
YEARLY AVERAGE
170.5613 JMD

2019 FKP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 189.3798. Conversely, the yearly low was recorded on January 2, dropping to 158.7828.

This high-to-low spread represents a total annual volatility of 30.5969 JMD. From a start-to-finish perspective, comparing the January average rate of 167.8405 to the December average rate of 179.6202, the exchange rate registered a net change of 7.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 189.3798 was up 4.84% compared to the 2018 peak of 180.6400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 946,899 JMD
2018 Average 859,811 JMD
Yearly Trough Low 793,914 JMD
Transaction Impact: A difference of 152,984.67 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

182.3200
162.3669
JanuMarcMayJulySeptNove

FKP 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 169.3609, compared to 171.7617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4008 points.

H1 Avg (Jan–Jun) 169.3609
H2 Avg (Jul–Dec) 171.7617

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 18.5152 JMD (High: 189.3798 / Low: 170.8646). On the other end, November was the most stable month, with a tight range of 3.2146 JMD (High: 182.0010 / Low: 178.7864).

December Spread (Volatile) ±18.5152
November Spread (Stable) ±3.2146

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 7.6640 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -7.6640

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 179.6202) against the same month in 2018 (average: 161.9678), the exchange rate shifted by +17.6525 (+10.90%).

2019 Avg (December) 179.6202
2018 Avg (December) 161.9678

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 174.9432 158.7828 167.8405
February 177.3006 171.3632 173.8315
March 170.9503 163.2816 166.1675
April 174.1008 163.7571 168.7816
May 177.6136 168.9660 173.3190
June 172.2932 162.5086 166.2255
July 168.9616 164.6786 166.4956
August 166.5403 161.9424 164.0297
September 170.4435 163.4255 167.7417
October 178.8860 164.3843 172.0261
November 182.0010 178.7864 180.6572
December 189.3798 170.8646 179.6202