YEARLY HIGH
12.3865 MMK
YEARLY LOW
10.6662 MMK
YEARLY AVERAGE
11.4041 MMK

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 61,933 MMK
2018 Average 55,945 MMK
Yearly Trough Low 53,331 MMK
Transaction Impact: A difference of 8,601.50 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

12.2017
10.6780
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 11.6670
H2 Avg (Jul–Dec) 11.1411

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±0.8021
August Spread (Stable) ±0.1893

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4650

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (March) 12.0747
2018 Avg (March) 10.5112

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