YEARLY HIGH
1.2534 PKR
YEARLY LOW
1.0147 PKR
YEARLY AVERAGE
1.1242 PKR

2019 JMD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 1.2534. Conversely, the yearly low was recorded on February 5, dropping to 1.0147.

This high-to-low spread represents a total annual volatility of 0.2387 PKR. From a start-to-finish perspective, comparing the January average rate of 1.0727 to the December average rate of 1.1319, the exchange rate registered a net change of 5.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.2534 was up 14.22% compared to the 2018 peak of 1.0973, 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 6,267 PKR
2018 Average 4,717 PKR
Yearly Trough Low 5,073 PKR
Transaction Impact: A difference of 1,193.52 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.2089
1.0276
JanuMarcMayJulySeptNove

JMD to PKR 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 1.0949, compared to 1.1534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0585 points.

H1 Avg (Jan–Jun) 1.0949
H2 Avg (Jul–Dec) 1.1534

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.1699 PKR (High: 1.2534 / Low: 1.0835). On the other end, November was the most stable month, with a tight range of 0.0206 PKR (High: 1.1229 / Low: 1.1023).

June Spread (Volatile) ±0.1699
November Spread (Stable) ±0.0206

Growth Streaks & Declines

Trends

Between May and July, 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 0.0412 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 1.1746) against the same month in 2018 (average: 0.9156), the exchange rate shifted by +0.2590 (+28.29%).

2019 Avg (June) 1.1746
2018 Avg (June) 0.9156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1000 1.0476 1.0727
February 1.0809 1.0147 1.0427
March 1.1260 1.0713 1.1081
April 1.1239 1.0574 1.0924
May 1.1309 1.0369 1.0791
June 1.2534 1.0835 1.1746
July 1.2339 1.1822 1.1938
August 1.1966 1.1597 1.1805
September 1.1684 1.1382 1.1539
October 1.1700 1.1248 1.1508
November 1.1229 1.1023 1.1096
December 1.1745 1.1012 1.1319