2019 TOP to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TOP to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TOP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 61.3581. Conversely, the yearly low was recorded on March 20, dropping to 55.0497.
This high-to-low spread represents a total annual volatility of 6.3085 JMD. From a start-to-finish perspective, comparing the January average rate of 57.3537 to the December average rate of 59.5540, the exchange rate registered a net change of 3.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 61.3581 was up 3.03% compared to the 2018 peak of 59.5535, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
TOP 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 57.5984, compared to 59.0035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4051 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 3.7073 JMD (High: 61.1549 / Low: 57.4476). On the other end, May was the most stable month, with a tight range of 1.4197 JMD (High: 59.7295 / Low: 58.3098).
Growth Streaks & Declines
TrendsBetween 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 3.4297 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 60.5256) against the same month in 2018 (average: 55.1565), the exchange rate shifted by +5.3690 (+9.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 59.3395 | 55.8373 | 57.3537 |
| February | 60.8158 | 57.2252 | 59.1991 |
| March | 57.1993 | 55.0497 | 55.7694 |
| April | 58.6712 | 55.4439 | 57.1239 |
| May | 59.7295 | 58.3098 | 58.8430 |
| June | 59.4194 | 56.2139 | 57.3010 |
| July | 59.6515 | 57.4448 | 58.6004 |
| August | 59.0235 | 57.4811 | 58.3565 |
| September | 59.3301 | 57.8281 | 58.5523 |
| October | 59.6702 | 57.3009 | 58.4321 |
| November | 61.3581 | 59.8020 | 60.5256 |
| December | 61.1549 | 57.4476 | 59.5540 |