YEARLY HIGH
2.7641 JMD
YEARLY LOW
2.5066 JMD
YEARLY AVERAGE
2.6659 JMD

2019 GMD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 2.7641. Conversely, the yearly low was recorded on March 20, dropping to 2.5066.

This high-to-low spread represents a total annual volatility of 0.2575 JMD. From a start-to-finish perspective, comparing the January average rate of 2.6270 to the December average rate of 2.6684, the exchange rate registered a net change of 1.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.7641 was down 3.51% compared to the 2018 peak of 2.8646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,821 JMD
2018 Average 13,403 JMD
Yearly Trough Low 12,533 JMD
Transaction Impact: A difference of 1,287.55 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.7592
2.5231
JanuMarcMayJulySeptNove

GMD 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 2.6404, compared to 2.6914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0510 points.

H1 Avg (Jan–Jun) 2.6404
H2 Avg (Jul–Dec) 2.6914

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.1769 JMD (High: 2.6968 / Low: 2.5199). On the other end, September was the most stable month, with a tight range of 0.0439 JMD (High: 2.7210 / Low: 2.6770).

April Spread (Volatile) ±0.1769
September Spread (Stable) ±0.0439

Growth Streaks & Declines

Trends

Between June and September, 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 0.1548 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 2.7395) against the same month in 2018 (average: 2.5538), the exchange rate shifted by +0.1857 (+7.27%).

2019 Avg (November) 2.7395
2018 Avg (November) 2.5538

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6961 2.5681 2.6270
February 2.7630 2.6078 2.6975
March 2.6115 2.5066 2.5428
April 2.6968 2.5199 2.6143
May 2.7529 2.6851 2.7161
June 2.7557 2.6043 2.6445
July 2.7263 2.6344 2.6777
August 2.7137 2.6628 2.6911
September 2.7210 2.6770 2.6946
October 2.7168 2.6374 2.6768
November 2.7641 2.7063 2.7395
December 2.7464 2.5707 2.6684