YEARLY HIGH
18.0360 JMD
YEARLY LOW
15.8479 JMD
YEARLY AVERAGE
17.0454 JMD

2019 HKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 18.0360. Conversely, the yearly low was recorded on March 20, dropping to 15.8479.

This high-to-low spread represents a total annual volatility of 2.1881 JMD. From a start-to-finish perspective, comparing the January average rate of 16.5840 to the December average rate of 17.5492, the exchange rate registered a net change of 5.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 18.0360 was up 2.89% compared to the 2018 peak of 17.5286, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 450,900 JMD
2018 Average 411,160 JMD
Yearly Trough Low 396,197 JMD
Transaction Impact: A difference of 54,702.87 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

18.0974
15.8900
JanuMarcMayJulySeptNove

HKD 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 16.6896, compared to 17.4012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7117 points.

H1 Avg (Jan–Jun) 16.6896
H2 Avg (Jul–Dec) 17.4012

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1.1036 JMD (High: 18.0360 / Low: 16.9324). On the other end, September was the most stable month, with a tight range of 0.3350 JMD (High: 17.5079 / Low: 17.1729).

December Spread (Volatile) ±1.1036
September Spread (Stable) ±0.3350

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 0.9560 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 17.5492) against the same month in 2018 (average: 16.3453), the exchange rate shifted by +1.2039 (+7.37%).

2019 Avg (December) 17.5492
2018 Avg (December) 16.3453

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.0085 16.1916 16.5840
February 17.4420 16.4580 17.0299
March 16.4871 15.8479 16.0740
April 17.0607 15.9641 16.5228
May 17.3979 17.0099 17.1767
June 17.3088 16.5040 16.7501
July 17.4285 16.7859 17.0900
August 17.3896 17.0074 17.2117
September 17.5079 17.1729 17.3236
October 17.6414 17.0464 17.3193
November 18.0255 17.6797 17.9135
December 18.0360 16.9324 17.5492