2019 NGN to JMD Historical Review

YEARLY HIGH

0.4429 JMD

YEARLY LOW

0.3453 JMD

YEARLY AVERAGE

0.3712 JMD

2019 NGN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.4429. Conversely, the yearly low was recorded on March 18, dropping to 0.3453.

This high-to-low spread represents a total annual volatility of 0.0976 JMD. From a start-to-finish perspective, comparing the January average rate of 0.3579 to the December average rate of 0.3777, the exchange rate registered a net change of 5.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4429 was up 15.76% compared to the 2018 peak of 0.3826, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 442,853 JMD

2018 Average 356,763 JMD

Yearly Trough Low 345,300 JMD

Transaction Impact: A difference of 97,553.19 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3908

0.3467

JanuMarcMayJulySeptNove

NGN 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 0.3652, compared to 0.3771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.3652

H2 Avg (Jul–Dec) 0.3771

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0846 JMD (High: 0.4429 / Low: 0.3583). On the other end, November was the most stable month, with a tight range of 0.0070 JMD (High: 0.3898 / Low: 0.3828).

June Spread (Volatile) ±0.0846

November Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between March and June, 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 0.0194 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.3790) against the same month in 2018 (average: 0.3600), the exchange rate shifted by +0.0190 (+5.27%).

2019 Avg (June) 0.3790

2018 Avg (June) 0.3600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3681	0.3480	0.3579
February	0.3785	0.3574	0.3697
March	0.3580	0.3453	0.3503
April	0.3722	0.3477	0.3600
May	0.3793	0.3703	0.3742
June	0.4429	0.3583	0.3790
July	0.3783	0.3629	0.3704
August	0.4421	0.3683	0.3766
September	0.3796	0.3720	0.3755
October	0.3817	0.3696	0.3754
November	0.3898	0.3828	0.3872
December	0.3888	0.3634	0.3777