2019 JMD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 JMD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the JMD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 12.3865. Conversely, the yearly low was recorded on December 4, dropping to 10.6662.
This high-to-low spread represents a total annual volatility of 1.7203 MMK. From a start-to-finish perspective, comparing the January average rate of 11.7907 to the December average rate of 10.9552, the exchange rate registered a net change of -7.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 12.3865 was down 3.09% compared to the 2018 peak of 12.7812, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
JMD to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.6670, compared to 11.1411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5259 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 0.8021 MMK (High: 12.1802 / Low: 11.3781). On the other end, August was the most stable month, with a tight range of 0.1893 MMK (High: 11.3430 / Low: 11.1537).
Growth Streaks & Declines
TrendsBetween August and October, 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 October and November, when the average rate fell by 0.4650 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2019: 12.0747) against the same month in 2018 (average: 10.5112), the exchange rate shifted by +1.5634 (+14.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.1802 | 11.3781 | 11.7907 |
| February | 11.8882 | 11.1269 | 11.4455 |
| March | 12.3865 | 11.6917 | 12.0747 |
| April | 12.0779 | 11.3889 | 11.7055 |
| May | 11.4929 | 11.2227 | 11.3592 |
| June | 11.8390 | 11.2500 | 11.6265 |
| July | 11.5760 | 11.0648 | 11.3251 |
| August | 11.3430 | 11.1537 | 11.2280 |
| September | 11.3930 | 11.1138 | 11.2634 |
| October | 11.4402 | 11.0321 | 11.2700 |
| November | 10.9840 | 10.7038 | 10.8050 |
| December | 11.3258 | 10.6662 | 10.9552 |