2019 NOK to JMD Historical Review

YEARLY HIGH

16.1328 JMD

YEARLY LOW

14.4381 JMD

YEARLY AVERAGE

15.1813 JMD

2019 NOK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 16.1328. Conversely, the yearly low was recorded on January 2, dropping to 14.4381.

This high-to-low spread represents a total annual volatility of 1.6947 JMD. From a start-to-finish perspective, comparing the January average rate of 15.2076 to the December average rate of 15.1885, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 16.1328 was down 3.50% compared to the 2018 peak of 16.7181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80,664 JMD

2018 Average 79,213 JMD

Yearly Trough Low 72,191 JMD

Transaction Impact: A difference of 8,473.43 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

15.6597

14.5777

JanuMarcMayJulySeptNove

NOK 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 15.1997, compared to 15.1628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0369 points.

H1 Avg (Jan–Jun) 15.1997

H2 Avg (Jul–Dec) 15.1628

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1.3884 JMD (High: 15.8265 / Low: 14.4381). On the other end, November was the most stable month, with a tight range of 0.3041 JMD (High: 15.4713 / Low: 15.1673).

January Spread (Volatile) ±1.3884

November Spread (Stable) ±0.3041

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.9017 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 15.5695) against the same month in 2018 (average: 16.0449), the exchange rate shifted by -0.4754 (-2.96%).

2019 Avg (February) 15.5695

2018 Avg (February) 16.0449

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.8265	14.4381	15.2076
February	16.1328	15.0923	15.5695
March	15.0764	14.4814	14.6678
April	15.4665	14.5829	15.1287
May	15.6491	15.2950	15.4258
June	15.6065	14.7991	15.1989
July	15.7820	15.2266	15.4940
August	15.2472	14.8282	15.0540
September	15.3730	14.8072	15.0551
October	15.0843	14.5805	14.8489
November	15.4713	15.1673	15.3365
December	15.5900	14.7377	15.1885