YEARLY HIGH
26.3065 JMD
YEARLY LOW
21.6708 JMD
YEARLY AVERAGE
23.5373 JMD

2019 TRY to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 26.3065. Conversely, the yearly low was recorded on March 23, dropping to 21.6708.

This high-to-low spread represents a total annual volatility of 4.6357 JMD. From a start-to-finish perspective, comparing the January average rate of 24.2734 to the December average rate of 23.3956, the exchange rate registered a net change of -3.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 26.3065 was down 21.79% compared to the 2018 peak of 33.6367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,315,326 JMD
2018 Average 1,366,998 JMD
Yearly Trough Low 1,083,540 JMD
Transaction Impact: A difference of 231,785.75 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

25.6446
22.0251
JanuMarcMayJulySeptNove

TRY 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 23.3254, compared to 23.7492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4239 points.

H1 Avg (Jan–Jun) 23.3254
H2 Avg (Jul–Dec) 23.7492

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 2.7894 JMD (High: 25.7589 / Low: 22.9695). On the other end, November was the most stable month, with a tight range of 0.4850 JMD (High: 24.6660 / Low: 24.1810).

January Spread (Volatile) ±2.7894
November Spread (Stable) ±0.4850

Growth Streaks & Declines

Trends

Between May and August, 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 2.3256 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.3256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 25.3430) against the same month in 2018 (average: 33.2112), the exchange rate shifted by -7.8682 (-23.69%).

2019 Avg (February) 25.3430
2018 Avg (February) 33.2112

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.7589 22.9695 24.2734
February 26.3065 24.1806 25.3430
March 24.0785 21.6708 23.0174
April 22.7456 22.1524 22.4455
May 23.1916 21.7751 22.3267
June 23.7196 21.9897 22.5460
July 24.4967 22.9447 23.5462
August 24.5740 22.8861 23.9032
September 24.0219 23.2107 23.7714
October 24.2357 22.8243 23.4486
November 24.6660 24.1810 24.4305
December 24.4754 22.1688 23.3956