YEARLY HIGH
0.0461 TRY
YEARLY LOW
0.0380 TRY
YEARLY AVERAGE
0.0426 TRY

2019 JMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0461. Conversely, the yearly low was recorded on February 5, dropping to 0.0380.

This high-to-low spread represents a total annual volatility of 0.0081 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0412 to the December average rate of 0.0428, the exchange rate registered a net change of 3.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0461 was down 10.18% compared to the 2018 peak of 0.0514, 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 231 TRY
2018 Average 187 TRY
Yearly Trough Low 190 TRY
Transaction Impact: A difference of 40.66 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0453
0.0389
JanuMarcMayJulySeptNove

JMD to TRY 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 0.0430, compared to 0.0421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0430
H2 Avg (Jul–Dec) 0.0421

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0047 TRY (High: 0.0435 / Low: 0.0388). On the other end, November was the most stable month, with a tight range of 0.0008 TRY (High: 0.0414 / Low: 0.0405).

January Spread (Volatile) ±0.0047
November Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.0435) against the same month in 2018 (average: 0.0306), the exchange rate shifted by +0.0129 (+42.03%).

2019 Avg (March) 0.0435
2018 Avg (March) 0.0306

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0435 0.0388 0.0412
February 0.0414 0.0380 0.0395
March 0.0461 0.0415 0.0435
April 0.0451 0.0440 0.0446
May 0.0459 0.0431 0.0448
June 0.0455 0.0422 0.0444
July 0.0436 0.0408 0.0425
August 0.0437 0.0407 0.0419
September 0.0431 0.0416 0.0421
October 0.0438 0.0413 0.0427
November 0.0414 0.0405 0.0409
December 0.0451 0.0409 0.0428