YEARLY HIGH
0.9805 ISK
YEARLY LOW
0.8612 ISK
YEARLY AVERAGE
0.9183 ISK

2019 JMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.9805. Conversely, the yearly low was recorded on December 5, dropping to 0.8612.

This high-to-low spread represents a total annual volatility of 0.1193 ISK. From a start-to-finish perspective, comparing the January average rate of 0.9204 to the December average rate of 0.8916, the exchange rate registered a net change of -3.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9805 was down 1.48% compared to the 2018 peak of 0.9952, 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 4,902 ISK
2018 Average 4,201 ISK
Yearly Trough Low 4,306 ISK
Transaction Impact: A difference of 596.49 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9583
0.8739
JanuMarcMayJulySeptNove

JMD to ISK 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 0.9266, compared to 0.9100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 0.9266
H2 Avg (Jul–Dec) 0.9100

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0750 ISK (High: 0.9615 / Low: 0.8865). On the other end, September was the most stable month, with a tight range of 0.0304 ISK (High: 0.9352 / Low: 0.9048).

July Spread (Volatile) ±0.0750
September Spread (Stable) ±0.0304

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 0.0362 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.9297) against the same month in 2018 (average: 0.7984), the exchange rate shifted by +0.1313 (+16.44%).

2019 Avg (April) 0.9297
2018 Avg (April) 0.7984

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9375 0.8979 0.9204
February 0.9236 0.8775 0.8968
March 0.9787 0.9238 0.9502
April 0.9805 0.9109 0.9297
May 0.9296 0.8917 0.9110
June 0.9772 0.9103 0.9512
July 0.9615 0.8865 0.9338
August 0.9305 0.8966 0.9168
September 0.9352 0.9048 0.9199
October 0.9333 0.8954 0.9171
November 0.8944 0.8634 0.8809
December 0.9262 0.8612 0.8916