YEARLY HIGH
1.3896 JMD
YEARLY LOW
1.2315 JMD
YEARLY AVERAGE
1.3095 JMD

2019 KES to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KES to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 1.3896. Conversely, the yearly low was recorded on March 20, dropping to 1.2315.

This high-to-low spread represents a total annual volatility of 0.1581 JMD. From a start-to-finish perspective, comparing the January average rate of 1.2803 to the December average rate of 1.3503, the exchange rate registered a net change of 5.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.3896 was up 1.74% compared to the 2018 peak of 1.3658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KES based on timing:

Yearly Peak High 6,948 JMD
2018 Average 6,364 JMD
Yearly Trough Low 6,158 JMD
Transaction Impact: A difference of 790.40 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.3818
1.2458
JanuMarcMayJulySeptNove

KES to JMD 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 1.2958, compared to 1.3232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0274 points.

H1 Avg (Jan–Jun) 1.2958
H2 Avg (Jul–Dec) 1.3232

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0862 JMD (High: 1.3862 / Low: 1.3000). On the other end, August was the most stable month, with a tight range of 0.0249 JMD (High: 1.3169 / Low: 1.2919).

December Spread (Volatile) ±0.0862
August Spread (Stable) ±0.0249

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0764 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 1.3704) against the same month in 2018 (average: 1.2369), the exchange rate shifted by +0.1336 (+10.80%).

2019 Avg (November) 1.3704
2018 Avg (November) 1.2369

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3246 1.2414 1.2803
February 1.3670 1.2900 1.3335
March 1.2922 1.2315 1.2571
April 1.3219 1.2425 1.2821
May 1.3505 1.3205 1.3322
June 1.3419 1.2666 1.2895
July 1.3096 1.2712 1.2935
August 1.3169 1.2919 1.3068
September 1.3230 1.2960 1.3083
October 1.3390 1.2869 1.3100
November 1.3896 1.3420 1.3704
December 1.3862 1.3000 1.3503