YEARLY HIGH
0.0172 FJD
YEARLY LOW
0.0135 FJD
YEARLY AVERAGE
0.0161 FJD

2019 JMD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0172. Conversely, the yearly low was recorded on September 15, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0037 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0163 to the December average rate of 0.0158, the exchange rate registered a net change of -3.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0172 was up 1.54% compared to the 2018 peak of 0.0169, 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 86 FJD
2018 Average 81 FJD
Yearly Trough Low 68 FJD
Transaction Impact: A difference of 18.36 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0170
0.0155
JanuMarcMayJulySeptNove

JMD to FJD 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 0.0163, compared to 0.0160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0163
H2 Avg (Jul–Dec) 0.0160

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0028 FJD (High: 0.0163 / Low: 0.0135). On the other end, November was the most stable month, with a tight range of 0.0002 FJD (High: 0.0157 / Low: 0.0155).

September Spread (Volatile) ±0.0028
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.0169) against the same month in 2018 (average: 0.0160), the exchange rate shifted by +0.0009 (+5.70%).

2019 Avg (March) 0.0169
2018 Avg (March) 0.0160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0169 0.0157 0.0163
February 0.0164 0.0154 0.0159
March 0.0172 0.0165 0.0169
April 0.0170 0.0160 0.0165
May 0.0162 0.0158 0.0160
June 0.0168 0.0158 0.0164
July 0.0164 0.0157 0.0160
August 0.0164 0.0159 0.0161
September 0.0163 0.0135 0.0160
October 0.0164 0.0158 0.0162
November 0.0157 0.0155 0.0156
December 0.0164 0.0154 0.0158