2019 JEP to ALL Historical Review

YEARLY HIGH

112.0551 ALL

YEARLY LOW

106.8787 ALL

YEARLY AVERAGE

109.8878 ALL

2019 JEP to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JEP to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 112.0551. Conversely, the yearly low was recorded on June 24, dropping to 106.8787.

This high-to-low spread represents a total annual volatility of 5.1764 ALL. From a start-to-finish perspective, comparing the January average rate of 108.9377 to the December average rate of 110.0912, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 112.0551 was up 0.26% compared to the 2018 peak of 111.7633, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 560,276 ALL

2018 Average 540,302 ALL

Yearly Trough Low 534,393 ALL

Transaction Impact: A difference of 25,882.04 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

111.7004

107.7713

JanuMarcMayJulySeptNove

JEP to ALL 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 109.6394, compared to 110.1363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4969 points.

H1 Avg (Jan–Jun) 109.6394

H2 Avg (Jul–Dec) 110.1363

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 3.3054 ALL (High: 111.0500 / Low: 107.7446). On the other end, May was the most stable month, with a tight range of 1.3245 ALL (High: 110.5200 / Low: 109.1955).

August Spread (Volatile) ±3.3054

May Spread (Stable) ±1.3245

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.8653 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.8653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 111.3730) against the same month in 2018 (average: 108.9997), the exchange rate shifted by +2.3733 (+2.18%).

2019 Avg (October) 111.3730

2018 Avg (October) 108.9997

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	109.9110	107.7268	108.9377
February	110.3450	108.7000	109.6641
March	111.6525	109.9599	110.5874
April	111.8446	109.1952	110.5845
May	110.5200	109.1955	109.9640
June	109.7500	106.8787	108.0987
July	109.5250	108.1200	108.7799
August	111.0500	107.7446	108.9746
September	111.9763	109.5627	110.4350
October	112.0551	110.5618	111.3730
November	111.7000	110.3752	111.1640
December	111.3748	108.5634	110.0912