YEARLY HIGH
0.5560 INR
YEARLY LOW
0.5021 INR
YEARLY AVERAGE
0.5276 INR

2019 JMD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 0.5560. Conversely, the yearly low was recorded on December 12, dropping to 0.5021.

This high-to-low spread represents a total annual volatility of 0.0539 INR. From a start-to-finish perspective, comparing the January average rate of 0.5434 to the December average rate of 0.5200, the exchange rate registered a net change of -4.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5560 was down 3.56% compared to the 2018 peak of 0.5765, 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 2,780 INR
2018 Average 2,654 INR
Yearly Trough Low 2,510 INR
Transaction Impact: A difference of 269.48 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5557
0.5054
JanuMarcMayJulySeptNove

JMD to INR 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 0.5351, compared to 0.5201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.5351
H2 Avg (Jul–Dec) 0.5201

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0388 INR (High: 0.5408 / Low: 0.5021). On the other end, March was the most stable month, with a tight range of 0.0083 INR (High: 0.5560 / Low: 0.5476).

December Spread (Volatile) ±0.0388
March Spread (Stable) ±0.0083

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 0.0182 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.5515) against the same month in 2018 (average: 0.5113), the exchange rate shifted by +0.0403 (+7.88%).

2019 Avg (March) 0.5515
2018 Avg (March) 0.5113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5517 0.5317 0.5434
February 0.5489 0.5227 0.5328
March 0.5560 0.5476 0.5515
April 0.5523 0.5210 0.5358
May 0.5219 0.5122 0.5176
June 0.5391 0.5095 0.5297
July 0.5262 0.5043 0.5150
August 0.5361 0.5110 0.5274
September 0.5313 0.5217 0.5255
October 0.5322 0.5128 0.5229
November 0.5144 0.5054 0.5096
December 0.5408 0.5021 0.5200