2019 NZD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NZD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NZD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 94.4298. Conversely, the yearly low was recorded on October 1, dropping to 83.4943.
This high-to-low spread represents a total annual volatility of 10.9355 JMD. From a start-to-finish perspective, comparing the January average rate of 88.1865 to the December average rate of 90.3938, the exchange rate registered a net change of 2.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 94.4298 was up 0.71% compared to the 2018 peak of 93.7650, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
NZD to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 87.9630, compared to 88.0369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0739 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 8.1450 JMD (High: 92.2684 / Low: 84.1234). On the other end, November was the most stable month, with a tight range of 1.8879 JMD (High: 90.4078 / Low: 88.5199).
Growth Streaks & Declines
TrendsBetween 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 5.1062 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 91.3333) against the same month in 2018 (average: 91.8228), the exchange rate shifted by -0.4895 (-0.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 92.2684 | 84.1234 | 88.1865 |
| February | 94.4298 | 88.1137 | 91.3333 |
| March | 87.9920 | 84.8236 | 86.2271 |
| April | 89.1761 | 84.6897 | 86.9976 |
| May | 89.9787 | 87.1642 | 88.4784 |
| June | 89.9284 | 84.2204 | 86.5552 |
| July | 91.3347 | 87.1943 | 89.1389 |
| August | 88.8911 | 84.8464 | 86.8301 |
| September | 88.1874 | 84.3698 | 86.0454 |
| October | 88.6733 | 83.4943 | 86.1238 |
| November | 90.4078 | 88.5199 | 89.6895 |
| December | 93.0324 | 87.5696 | 90.3938 |