YEARLY HIGH
0.9855 JMD
YEARLY LOW
0.7978 JMD
YEARLY AVERAGE
0.8914 JMD

2019 PKR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PKR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.9855. Conversely, the yearly low was recorded on June 30, dropping to 0.7978.

This high-to-low spread represents a total annual volatility of 0.1877 JMD. From a start-to-finish perspective, comparing the January average rate of 0.9324 to the December average rate of 0.8841, the exchange rate registered a net change of -5.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9855 was down 14.94% compared to the 2018 peak of 1.1587, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 492,758 JMD
2018 Average 532,540 JMD
Yearly Trough Low 398,914 JMD
Transaction Impact: A difference of 93,843.47 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9714
0.8256
JanuMarcMayJulySeptNove

PKR 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 0.9151, compared to 0.8677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0475 points.

H1 Avg (Jan–Jun) 0.9151
H2 Avg (Jul–Dec) 0.8677

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.1251 JMD (High: 0.9229 / Low: 0.7978). On the other end, November was the most stable month, with a tight range of 0.0166 JMD (High: 0.9072 / Low: 0.8906).

June Spread (Volatile) ±0.1251
November Spread (Stable) ±0.0166

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0745 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.9593) against the same month in 2018 (average: 1.1359), the exchange rate shifted by -0.1767 (-15.55%).

2019 Avg (February) 0.9593
2018 Avg (February) 1.1359

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9545 0.9091 0.9324
February 0.9855 0.9252 0.9593
March 0.9335 0.8881 0.9026
April 0.9457 0.8898 0.9157
May 0.9644 0.8843 0.9277
June 0.9229 0.7978 0.8532
July 0.8459 0.8105 0.8377
August 0.8623 0.8357 0.8471
September 0.8786 0.8559 0.8666
October 0.8891 0.8547 0.8691
November 0.9072 0.8906 0.9013
December 0.9081 0.8514 0.8841