YEARLY HIGH
103.9507 JMD
YEARLY LOW
92.1627 JMD
YEARLY AVERAGE
97.9085 JMD

2019 SGD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SGD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 103.9507. Conversely, the yearly low was recorded on March 17, dropping to 92.1627.

This high-to-low spread represents a total annual volatility of 11.7880 JMD. From a start-to-finish perspective, comparing the January average rate of 95.8891 to the December average rate of 100.9691, the exchange rate registered a net change of 5.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 103.9507 was up 3.28% compared to the 2018 peak of 100.6506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 519,753 JMD
2018 Average 477,640 JMD
Yearly Trough Low 460,813 JMD
Transaction Impact: A difference of 58,939.78 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

103.9636
92.1929
JanuMarcMayJulySeptNove

SGD 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 96.3254, compared to 99.4915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1661 points.

H1 Avg (Jan–Jun) 96.3254
H2 Avg (Jul–Dec) 99.4915

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 6.5670 JMD (High: 103.9507 / Low: 97.3836). On the other end, November was the most stable month, with a tight range of 1.5868 JMD (High: 103.6144 / Low: 102.0275).

December Spread (Volatile) ±6.5670
November Spread (Stable) ±1.5868

Growth Streaks & Declines

Trends

Between August and November, 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 5.5502 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.5502

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 100.9691) against the same month in 2018 (average: 93.2506), the exchange rate shifted by +7.7185 (+8.28%).

2019 Avg (December) 100.9691
2018 Avg (December) 93.2506

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 99.1427 92.7571 95.8891
February 101.2983 95.5873 98.7240
March 95.4843 92.1627 93.1738
April 98.2600 92.4606 95.5787
May 100.0922 96.8906 98.3504
June 99.4665 94.6267 96.2367
July 99.4802 96.5805 98.0526
August 98.4738 95.9170 97.4391
September 99.3826 97.3372 98.3800
October 101.6060 96.5413 99.1257
November 103.6144 102.0275 102.9827
December 103.9507 97.3836 100.9691