YEARLY HIGH
0.0631 HKD
YEARLY LOW
0.0554 HKD
YEARLY AVERAGE
0.0587 HKD

2019 JMD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0631. Conversely, the yearly low was recorded on December 16, dropping to 0.0554.

This high-to-low spread represents a total annual volatility of 0.0077 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0603 to the December average rate of 0.0570, the exchange rate registered a net change of -5.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0631 was down 0.55% compared to the 2018 peak of 0.0635, 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 315 HKD
2018 Average 304 HKD
Yearly Trough Low 277 HKD
Transaction Impact: A difference of 38.28 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0629
0.0552
JanuMarcMayJulySeptNove

JMD to HKD 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 0.0600, compared to 0.0575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0600
H2 Avg (Jul–Dec) 0.0575

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0040 HKD (High: 0.0626 / Low: 0.0586). On the other end, November was the most stable month, with a tight range of 0.0011 HKD (High: 0.0566 / Low: 0.0555).

April Spread (Volatile) ±0.0040
November Spread (Stable) ±0.0011

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 April and May, when the average rate fell by 0.0023 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.0622) against the same month in 2018 (average: 0.0616), the exchange rate shifted by +0.0006 (+0.94%).

2019 Avg (March) 0.0622
2018 Avg (March) 0.0616

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0618 0.0588 0.0603
February 0.0608 0.0573 0.0587
March 0.0631 0.0607 0.0622
April 0.0626 0.0586 0.0605
May 0.0588 0.0575 0.0582
June 0.0606 0.0578 0.0597
July 0.0596 0.0574 0.0585
August 0.0588 0.0575 0.0581
September 0.0582 0.0571 0.0577
October 0.0587 0.0567 0.0577
November 0.0566 0.0555 0.0558
December 0.0591 0.0554 0.0570