YEARLY HIGH
28.7278 MGA
YEARLY LOW
17.3324 MGA
YEARLY AVERAGE
27.2172 MGA

2019 JMD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 28.7278. Conversely, the yearly low was recorded on December 16, dropping to 17.3324.

This high-to-low spread represents a total annual volatility of 11.3955 MGA. From a start-to-finish perspective, comparing the January average rate of 27.3718 to the December average rate of 26.3493, the exchange rate registered a net change of -3.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 28.7278 was down 1.32% compared to the 2018 peak of 29.1131, 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 143,639 MGA
2018 Average 129,743 MGA
Yearly Trough Low 86,662 MGA
Transaction Impact: A difference of 56,977.29 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

28.2517
26.1405
JanuMarcMayJulySeptNove

JMD to MGA 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 27.4435, compared to 26.9910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4525 points.

H1 Avg (Jan–Jun) 27.4435
H2 Avg (Jul–Dec) 26.9910

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 10.5585 MGA (High: 27.8909 / Low: 17.3324). On the other end, August was the most stable month, with a tight range of 0.5068 MGA (High: 27.5439 / Low: 27.0371).

December Spread (Volatile) ±10.5585
August Spread (Stable) ±0.5068

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.9064 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 27.8826) against the same month in 2018 (average: 25.7735), the exchange rate shifted by +2.1091 (+8.18%).

2019 Avg (April) 27.8826
2018 Avg (April) 25.7735

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.0595 26.1778 27.3718
February 27.3679 25.5767 26.4653
March 28.4738 27.2798 28.0758
April 28.7278 27.0099 27.8826
May 27.4791 26.5441 27.0336
June 28.2060 26.9492 27.8318
July 27.9210 26.7841 27.2443
August 27.5439 27.0371 27.3246
September 27.9952 27.2272 27.5659
October 27.8167 26.4544 27.1455
November 26.6990 25.6689 26.3165
December 27.8909 17.3324 26.3493