YEARLY HIGH
0.1939 JMD
YEARLY LOW
0.1601 JMD
YEARLY AVERAGE
0.1819 JMD

2019 MWK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MWK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.1939. Conversely, the yearly low was recorded on January 2, dropping to 0.1601.

This high-to-low spread represents a total annual volatility of 0.0338 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1779 to the December average rate of 0.1867, the exchange rate registered a net change of 4.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1939 was up 2.38% compared to the 2018 peak of 0.1894, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 969 JMD
2018 Average 884 JMD
Yearly Trough Low 800 JMD
Transaction Impact: A difference of 168.91 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1929
0.1719
JanuMarcMayJulySeptNove

MWK 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 0.1788, compared to 0.1851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.1788
H2 Avg (Jul–Dec) 0.1851

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0231 JMD (High: 0.1832 / Low: 0.1601). On the other end, November was the most stable month, with a tight range of 0.0037 JMD (High: 0.1925 / Low: 0.1888).

January Spread (Volatile) ±0.0231
November Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 0.0125 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.1867) against the same month in 2018 (average: 0.1709), the exchange rate shifted by +0.0158 (+9.24%).

2019 Avg (December) 0.1867
2018 Avg (December) 0.1709

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1832 0.1601 0.1779
February 0.1878 0.1774 0.1834
March 0.1776 0.1715 0.1738
April 0.1846 0.1732 0.1781
May 0.1891 0.1818 0.1861
June 0.1881 0.1674 0.1736
July 0.1833 0.1720 0.1763
August 0.1875 0.1770 0.1843
September 0.1892 0.1828 0.1865
October 0.1887 0.1825 0.1854
November 0.1925 0.1888 0.1912
December 0.1939 0.1784 0.1867