YEARLY HIGH
0.0156 JMD
YEARLY LOW
0.0136 JMD
YEARLY AVERAGE
0.0145 JMD

2019 GNF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0156. Conversely, the yearly low was recorded on March 22, dropping to 0.0136.

This high-to-low spread represents a total annual volatility of 0.0020 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0142 to the December average rate of 0.0145, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0156 was up 2.30% compared to the 2018 peak of 0.0152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78 JMD
2018 Average 71 JMD
Yearly Trough Low 68 JMD
Transaction Impact: A difference of 10.00 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0151
0.0136
JanuMarcMayJulySeptNove

GNF 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 0.0143, compared to 0.0147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0143
H2 Avg (Jul–Dec) 0.0147

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0011 JMD (High: 0.0149 / Low: 0.0139). On the other end, August was the most stable month, with a tight range of 0.0003 JMD (High: 0.0149 / Low: 0.0146).

December Spread (Volatile) ±0.0011
August Spread (Stable) ±0.0003

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 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0150) against the same month in 2018 (average: 0.0139), the exchange rate shifted by +0.0011 (+8.02%).

2019 Avg (November) 0.0150
2018 Avg (November) 0.0139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0146 0.0139 0.0142
February 0.0149 0.0141 0.0146
March 0.0140 0.0136 0.0137
April 0.0146 0.0137 0.0141
May 0.0149 0.0145 0.0147
June 0.0148 0.0140 0.0143
July 0.0148 0.0143 0.0145
August 0.0149 0.0146 0.0147
September 0.0149 0.0145 0.0147
October 0.0150 0.0145 0.0147
November 0.0156 0.0147 0.0150
December 0.0149 0.0139 0.0145