YEARLY HIGH
38.7548 JMD
YEARLY LOW
34.1675 JMD
YEARLY AVERAGE
36.6806 JMD

2019 QAR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the QAR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 38.7548. Conversely, the yearly low was recorded on March 20, dropping to 34.1675.

This high-to-low spread represents a total annual volatility of 4.5873 JMD. From a start-to-finish perspective, comparing the January average rate of 35.7141 to the December average rate of 37.6216, the exchange rate registered a net change of 5.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 38.7548 was up 2.56% compared to the 2018 peak of 37.7858, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193,774 JMD
2018 Average 177,002 JMD
Yearly Trough Low 170,838 JMD
Transaction Impact: A difference of 22,936.61 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

38.9025
34.2657
JanuMarcMayJulySeptNove

QAR 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 35.9503, compared to 37.4110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4607 points.

H1 Avg (Jan–Jun) 35.9503
H2 Avg (Jul–Dec) 37.4110

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 2.4002 JMD (High: 38.6198 / Low: 36.2196). On the other end, August was the most stable month, with a tight range of 0.6854 JMD (High: 37.4732 / Low: 36.7878).

December Spread (Volatile) ±2.4002
August Spread (Stable) ±0.6854

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.0524 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.0524

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 38.5161) against the same month in 2018 (average: 34.7633), the exchange rate shifted by +3.7528 (+10.80%).

2019 Avg (November) 38.5161
2018 Avg (November) 34.7633

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.6517 34.8423 35.7141
February 37.5801 35.4835 36.7045
March 35.5397 34.1675 34.6521
April 36.7640 34.4173 35.6006
May 37.5201 36.6533 37.0228
June 37.2732 35.4617 36.0076
July 37.4422 35.9591 36.6678
August 37.4732 36.7878 37.0700
September 37.6982 36.9315 37.2814
October 37.9726 36.7754 37.3088
November 38.7548 38.0565 38.5161
December 38.6198 36.2196 37.6216