YEARLY HIGH
180.6400 JMD
YEARLY LOW
159.2974 JMD
YEARLY AVERAGE
171.9941 JMD

2018 FKP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 180.6400. Conversely, the yearly low was recorded on December 11, dropping to 159.2974.

This high-to-low spread represents a total annual volatility of 21.3426 JMD. From a start-to-finish perspective, comparing the January average rate of 171.6392 to the December average rate of 161.9678, the exchange rate registered a net change of -5.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 180.6400 was up 1.61% compared to the 2017 peak of 177.7722, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 903,200 JMD
2017 Average 826,757 JMD
Yearly Trough Low 796,487 JMD
Transaction Impact: A difference of 106,713.04 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

179.2854
160.3934
JanuMarcMayJulySeptNove

FKP 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 173.6556, compared to 170.3326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3230 points.

H1 Avg (Jan–Jun) 173.6556
H2 Avg (Jul–Dec) 170.3326

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 13.4932 JMD (High: 176.5022 / Low: 163.0090). On the other end, May was the most stable month, with a tight range of 3.1293 JMD (High: 170.2623 / Low: 167.1330).

October Spread (Volatile) ±13.4932
May Spread (Stable) ±3.1293

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 8.8521 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -8.8521

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 177.6651) against the same month in 2017 (average: 172.9755), the exchange rate shifted by +4.6896 (+2.71%).

2018 Avg (September) 177.6651
2017 Avg (September) 172.9755

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 176.8887 166.9684 171.6392
February 177.4879 173.3658 175.6115
March 180.0301 175.0983 177.7111
April 178.5187 171.6097 175.4608
May 170.2623 167.1330 169.0879
June 174.4640 169.5166 172.4234
July 175.0853 170.0258 172.5454
August 178.2633 172.0884 174.4862
September 180.6400 175.4650 177.6651
October 176.5022 163.0090 172.0915
November 167.0020 159.8573 163.2394
December 163.2228 159.2974 161.9678