YEARLY HIGH
65.2988 JMD
YEARLY LOW
59.0783 JMD
YEARLY AVERAGE
61.8985 JMD

2018 FJD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 65.2988. Conversely, the yearly low was recorded on November 20, dropping to 59.0783.

This high-to-low spread represents a total annual volatility of 6.2205 JMD. From a start-to-finish perspective, comparing the January average rate of 61.4674 to the December average rate of 60.2263, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 65.2988 was up 0.04% compared to the 2017 peak of 65.2746, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 326,494 JMD
2017 Average 311,603 JMD
Yearly Trough Low 295,391 JMD
Transaction Impact: A difference of 31,102.54 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

64.6975
59.3092
JanuMarcMayJulySeptNove

FJD 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 61.7263, compared to 62.0706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3443 points.

H1 Avg (Jan–Jun) 61.7263
H2 Avg (Jul–Dec) 62.0706

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 3.6678 JMD (High: 63.2889 / Low: 59.6211). On the other end, November was the most stable month, with a tight range of 1.0434 JMD (High: 60.1216 / Low: 59.0783).

October Spread (Volatile) ±3.6678
November Spread (Stable) ±1.0434

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 September and October, when the average rate fell by 2.4950 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.4950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 64.2484) against the same month in 2017 (average: 63.3043), the exchange rate shifted by +0.9441 (+1.49%).

2018 Avg (August) 64.2484
2017 Avg (August) 63.3043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 62.5085 60.3980 61.4674
February 62.8589 61.6478 62.2834
March 63.7921 61.4503 62.6631
April 62.3015 60.2032 61.1508
May 61.2241 59.5948 60.3922
June 63.2734 61.1234 62.4009
July 63.8701 61.4561 62.4342
August 65.2988 63.4955 64.2484
September 64.9175 63.1997 64.1258
October 63.2889 59.6211 61.6307
November 60.1216 59.0783 59.7583
December 60.7869 59.5274 60.2263