2019 JMD to ZAR Historical Review

YEARLY HIGH

0.1167 ZAR

YEARLY LOW

0.0978 ZAR

YEARLY AVERAGE

0.1082 ZAR

2019 JMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.1167. Conversely, the yearly low was recorded on February 5, dropping to 0.0978.

This high-to-low spread represents a total annual volatility of 0.0190 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1064 to the December average rate of 0.1051, the exchange rate registered a net change of -1.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1167 was up 1.57% compared to the 2018 peak of 0.1149, 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 584 ZAR

2018 Average 514 ZAR

Yearly Trough Low 489 ZAR

Transaction Impact: A difference of 94.93 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1152

0.1023

JanuMarcMayJulySeptNove

JMD to ZAR 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 0.1085, compared to 0.1080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1085

H2 Avg (Jul–Dec) 0.1080

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0156 ZAR (High: 0.1150 / Low: 0.0994). On the other end, November was the most stable month, with a tight range of 0.0042 ZAR (High: 0.1085 / Low: 0.1043).

January Spread (Volatile) ±0.0156

November Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0058 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.1141) against the same month in 2018 (average: 0.0931), the exchange rate shifted by +0.0210 (+22.53%).

2019 Avg (March) 0.1141

2018 Avg (March) 0.0931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1150	0.0994	0.1064
February	0.1089	0.0978	0.1033
March	0.1167	0.1100	0.1141
April	0.1133	0.1071	0.1092
May	0.1099	0.1041	0.1069
June	0.1145	0.1067	0.1111
July	0.1078	0.1029	0.1054
August	0.1151	0.1078	0.1125
September	0.1126	0.1069	0.1096
October	0.1147	0.1057	0.1097
November	0.1085	0.1043	0.1055
December	0.1077	0.1023	0.1051