2019 GHS to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GHS to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GHS to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 26.9828. Conversely, the yearly low was recorded on May 19, dropping to 9.3147.
This high-to-low spread represents a total annual volatility of 17.6681 JMD. From a start-to-finish perspective, comparing the January average rate of 26.5352 to the December average rate of 24.0411, the exchange rate registered a net change of -9.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 26.9828 was down 7.07% compared to the 2018 peak of 29.0345, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
GHS 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 24.9978, compared to 24.7769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2209 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 17.2927 JMD (High: 26.6074 / Low: 9.3147). On the other end, August was the most stable month, with a tight range of 0.4628 JMD (High: 25.1930 / Low: 24.7302).
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 2.1338 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 26.5352) against the same month in 2018 (average: 27.3511), the exchange rate shifted by -0.8159 (-2.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.9828 | 25.9698 | 26.5352 |
| February | 26.8865 | 23.7458 | 25.4228 |
| March | 24.6094 | 22.2188 | 23.2890 |
| April | 26.1612 | 23.1272 | 25.0375 |
| May | 26.6074 | 9.3147 | 25.4004 |
| June | 25.3128 | 23.7094 | 24.3018 |
| July | 25.3483 | 24.2090 | 24.7726 |
| August | 25.1930 | 24.7302 | 24.8838 |
| September | 25.0733 | 24.4818 | 24.7582 |
| October | 25.2356 | 24.5599 | 24.9095 |
| November | 25.5627 | 25.0603 | 25.2964 |
| December | 25.0548 | 23.0622 | 24.0411 |