YEARLY HIGH
340.7816 IRR
YEARLY LOW
298.3920 IRR
YEARLY AVERAGE
315.9462 IRR

2019 JMD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 340.7816. Conversely, the yearly low was recorded on November 14, dropping to 298.3920.

This high-to-low spread represents a total annual volatility of 42.3896 IRR. From a start-to-finish perspective, comparing the January average rate of 325.4410 to the December average rate of 307.6277, the exchange rate registered a net change of -5.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 340.7816 was up 0.17% compared to the 2018 peak of 340.2002, 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 1,703,908 IRR
2018 Average 1,577,727 IRR
Yearly Trough Low 1,491,960 IRR
Transaction Impact: A difference of 211,947.90 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

337.6900
296.8643
JanuMarcMayJulySeptNove

JMD to IRR 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 322.6194, compared to 309.2729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.3465 points.

H1 Avg (Jan–Jun) 322.6194
H2 Avg (Jul–Dec) 309.2729

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 22.6516 IRR (High: 337.2436 / Low: 314.5921). On the other end, November was the most stable month, with a tight range of 5.8212 IRR (High: 304.2133 / Low: 298.3920).

April Spread (Volatile) ±22.6516
November Spread (Stable) ±5.8212

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 12.9687 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -12.9687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 334.2879) against the same month in 2018 (average: 294.7748), the exchange rate shifted by +39.5131 (+13.40%).

2019 Avg (March) 334.2879
2018 Avg (March) 294.7748

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 333.6322 315.4973 325.4410
February 325.9018 307.6977 315.2200
March 340.7816 325.3864 334.2879
April 337.2436 314.5921 325.7808
May 318.3951 308.3581 312.8122
June 329.2113 310.2519 322.1745
July 321.5737 308.8693 315.4147
August 315.6503 308.5972 311.9919
September 312.7790 306.7553 310.2760
October 314.9234 304.5387 310.0608
November 304.2133 298.3920 300.2665
December 319.2781 299.5531 307.6277