YEARLY HIGH
1.4489 JMD
YEARLY LOW
1.2841 JMD
YEARLY AVERAGE
1.3761 JMD

2018 CVE to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 1.4489. Conversely, the yearly low was recorded on November 17, dropping to 1.2841.

This high-to-low spread represents a total annual volatility of 0.1648 JMD. From a start-to-finish perspective, comparing the January average rate of 1.3680 to the December average rate of 1.3158, the exchange rate registered a net change of -3.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.4489 was up 2.29% compared to the 2017 peak of 1.4164, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,245 JMD
2017 Average 6,553 JMD
Yearly Trough Low 6,421 JMD
Transaction Impact: A difference of 823.88 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.4504
1.2887
JanuMarcMayJulySeptNove

CVE 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 1.3809, compared to 1.3714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 1.3809
H2 Avg (Jul–Dec) 1.3714

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0904 JMD (High: 1.4057 / Low: 1.3153). On the other end, December was the most stable month, with a tight range of 0.0332 JMD (High: 1.3303 / Low: 1.2971).

October Spread (Volatile) ±0.0904
December Spread (Stable) ±0.0332

Growth Streaks & Declines

Trends

Between May and September, 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 October and November, when the average rate fell by 0.0706 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0706

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.4370) against the same month in 2017 (average: 1.3986), the exchange rate shifted by +0.0384 (+2.74%).

2018 Avg (September) 1.4370
2017 Avg (September) 1.3986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4076 1.3324 1.3680
February 1.4190 1.3832 1.4024
March 1.4334 1.3994 1.4177
April 1.4021 1.3612 1.3835
May 1.3599 1.3225 1.3446
June 1.3964 1.3420 1.3690
July 1.4106 1.3599 1.3847
August 1.4455 1.3886 1.4158
September 1.4489 1.4124 1.4370
October 1.4057 1.3153 1.3728
November 1.3192 1.2841 1.3022
December 1.3303 1.2971 1.3158