2019 MGA to JMD Historical Review

YEARLY HIGH

0.0577 JMD

YEARLY LOW

0.0348 JMD

YEARLY AVERAGE

0.0368 JMD

2019 MGA to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MGA to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0577. Conversely, the yearly low was recorded on April 4, dropping to 0.0348.

This high-to-low spread represents a total annual volatility of 0.0229 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0365 to the December average rate of 0.0382, the exchange rate registered a net change of 4.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0577 was up 38.86% compared to the 2018 peak of 0.0416, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 288 JMD

2018 Average 193 JMD

Yearly Trough Low 174 JMD

Transaction Impact: A difference of 114.43 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0385

0.0354

JanuMarcMayJulySeptNove

MGA 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 0.0365, compared to 0.0371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0365

H2 Avg (Jul–Dec) 0.0371

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0218 JMD (High: 0.0577 / Low: 0.0359). On the other end, August was the most stable month, with a tight range of 0.0007 JMD (High: 0.0370 / Low: 0.0363).

December Spread (Volatile) ±0.0218

August Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0382) against the same month in 2018 (average: 0.0360), the exchange rate shifted by +0.0022 (+6.09%).

2019 Avg (December) 0.0382

2018 Avg (December) 0.0360

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0382	0.0356	0.0365
February	0.0391	0.0365	0.0378
March	0.0367	0.0351	0.0356
April	0.0370	0.0348	0.0359
May	0.0377	0.0364	0.0370
June	0.0371	0.0355	0.0359
July	0.0373	0.0358	0.0367
August	0.0370	0.0363	0.0366
September	0.0367	0.0357	0.0363
October	0.0378	0.0359	0.0369
November	0.0390	0.0375	0.0380
December	0.0577	0.0359	0.0382