YEARLY HIGH
0.2423 ETB
YEARLY LOW
0.2083 ETB
YEARLY AVERAGE
0.2188 ETB

2019 JMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2423. Conversely, the yearly low was recorded on February 6, dropping to 0.2083.

This high-to-low spread represents a total annual volatility of 0.0339 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2181 to the December average rate of 0.2301, the exchange rate registered a net change of 5.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2423 was up 7.98% compared to the 2018 peak of 0.2244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,211 ETB
2018 Average 1,074 ETB
Yearly Trough Low 1,042 ETB
Transaction Impact: A difference of 169.69 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2318
0.2114
JanuMarcMayJulySeptNove

JMD to ETB 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 0.2192, compared to 0.2184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.2192
H2 Avg (Jul–Dec) 0.2184

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0259 ETB (High: 0.2423 / Low: 0.2164). On the other end, August was the most stable month, with a tight range of 0.0041 ETB (High: 0.2179 / Low: 0.2138).

December Spread (Volatile) ±0.0259
August Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 0.0079 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.2301) against the same month in 2018 (average: 0.2206), the exchange rate shifted by +0.0095 (+4.33%).

2019 Avg (December) 0.2301
2018 Avg (December) 0.2206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2229 0.2110 0.2181
February 0.2201 0.2083 0.2131
March 0.2286 0.2206 0.2262
April 0.2290 0.2140 0.2222
May 0.2166 0.2109 0.2143
June 0.2245 0.2131 0.2209
July 0.2227 0.2123 0.2170
August 0.2179 0.2138 0.2161
September 0.2188 0.2123 0.2165
October 0.2204 0.2140 0.2176
November 0.2177 0.2094 0.2133
December 0.2423 0.2164 0.2301