2019 JMD to NGN Historical Review

YEARLY HIGH

2.8960 NGN

YEARLY LOW

2.2581 NGN

YEARLY AVERAGE

2.6983 NGN

2019 JMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2.8960. Conversely, the yearly low was recorded on June 5, dropping to 2.2581.

This high-to-low spread represents a total annual volatility of 0.6379 NGN. From a start-to-finish perspective, comparing the January average rate of 2.7953 to the December average rate of 2.6493, the exchange rate registered a net change of -5.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.8960 was down 0.87% compared to the 2018 peak of 2.9214, 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 14,480 NGN

2018 Average 14,028 NGN

Yearly Trough Low 11,290 NGN

Transaction Impact: A difference of 3,189.74 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.8817

2.5558

JanuMarcMayJulySeptNove

JMD to NGN 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 2.7434, compared to 2.6533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0901 points.

H1 Avg (Jan–Jun) 2.7434

H2 Avg (Jul–Dec) 2.6533

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.5329 NGN (High: 2.7910 / Low: 2.2581). On the other end, November was the most stable month, with a tight range of 0.0469 NGN (High: 2.6125 / Low: 2.5657).

June Spread (Volatile) ±0.5329

November Spread (Stable) ±0.0469

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 April and May, when the average rate fell by 0.1069 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 2.8546) against the same month in 2018 (average: 2.8312), the exchange rate shifted by +0.0234 (+0.83%).

2019 Avg (March) 2.8546

2018 Avg (March) 2.8312

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8732	2.7167	2.7953
February	2.7981	2.6418	2.7053
March	2.8960	2.7937	2.8546
April	2.8758	2.6865	2.7791
May	2.7003	2.6365	2.6722
June	2.7910	2.2581	2.6539
July	2.7554	2.6434	2.7002
August	2.7155	2.2620	2.6601
September	2.6884	2.6340	2.6634
October	2.7055	2.6201	2.6640
November	2.6125	2.5657	2.5830
December	2.7518	2.5719	2.6493