YEARLY HIGH
1.1612 JMD
YEARLY LOW
1.0199 JMD
YEARLY AVERAGE
1.0898 JMD

2019 ISK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 1.1612. Conversely, the yearly low was recorded on April 1, dropping to 1.0199.

This high-to-low spread represents a total annual volatility of 0.1413 JMD. From a start-to-finish perspective, comparing the January average rate of 1.0866 to the December average rate of 1.1225, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1612 was down 10.02% compared to the 2018 peak of 1.2904, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,806 JMD
2018 Average 5,980 JMD
Yearly Trough Low 5,099 JMD
Transaction Impact: A difference of 706.40 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1437
1.0434
JanuMarcMayJulySeptNove

ISK 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 1.0800, compared to 1.0996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0196 points.

H1 Avg (Jan–Jun) 1.0800
H2 Avg (Jul–Dec) 1.0996

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0880 JMD (High: 1.1280 / Low: 1.0400). On the other end, September was the most stable month, with a tight range of 0.0360 JMD (High: 1.1052 / Low: 1.0693).

July Spread (Volatile) ±0.0880
September Spread (Stable) ±0.0360

Growth Streaks & Declines

Trends

Between 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 0.0626 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 1.1225) against the same month in 2018 (average: 1.0617), the exchange rate shifted by +0.0608 (+5.73%).

2019 Avg (December) 1.1225
2018 Avg (December) 1.0617

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1137 1.0667 1.0866
February 1.1397 1.0828 1.1153
March 1.0825 1.0217 1.0527
April 1.0978 1.0199 1.0759
May 1.1214 1.0757 1.0978
June 1.0985 1.0234 1.0518
July 1.1280 1.0400 1.0716
August 1.1153 1.0747 1.0908
September 1.1052 1.0693 1.0871
October 1.1169 1.0715 1.0905
November 1.1582 1.1181 1.1353
December 1.1612 1.0797 1.1225