YEARLY HIGH
0.0120 NZD
YEARLY LOW
0.0106 NZD
YEARLY AVERAGE
0.0114 NZD

2019 JMD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.0120. Conversely, the yearly low was recorded on February 5, dropping to 0.0106.

This high-to-low spread represents a total annual volatility of 0.0014 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0113 to the December average rate of 0.0111, the exchange rate registered a net change of -2.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0120 was up 0.42% compared to the 2018 peak of 0.0119, 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 60 NZD
2018 Average 56 NZD
Yearly Trough Low 53 NZD
Transaction Impact: A difference of 6.93 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0117
0.0109
JanuMarcMayJulySeptNove

JMD to NZD 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 0.0114, compared to 0.0114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0114
H2 Avg (Jul–Dec) 0.0114

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0010 NZD (High: 0.0119 / Low: 0.0108). On the other end, November was the most stable month, with a tight range of 0.0002 NZD (High: 0.0113 / Low: 0.0111).

January Spread (Volatile) ±0.0010
November Spread (Stable) ±0.0002

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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0116) against the same month in 2018 (average: 0.0116), the exchange rate shifted by +0.0000 (+0.13%).

2019 Avg (October) 0.0116
2018 Avg (October) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0119 0.0108 0.0113
February 0.0113 0.0106 0.0110
March 0.0118 0.0114 0.0116
April 0.0118 0.0112 0.0115
May 0.0115 0.0111 0.0113
June 0.0119 0.0111 0.0116
July 0.0115 0.0109 0.0112
August 0.0118 0.0112 0.0115
September 0.0119 0.0113 0.0116
October 0.0120 0.0113 0.0116
November 0.0113 0.0111 0.0111
December 0.0114 0.0107 0.0111