YEARLY HIGH
2.8646 JMD
YEARLY LOW
2.5174 JMD
YEARLY AVERAGE
2.6806 JMD

2018 GMD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 2.8646. Conversely, the yearly low was recorded on November 18, dropping to 2.5174.

This high-to-low spread represents a total annual volatility of 0.3472 JMD. From a start-to-finish perspective, comparing the January average rate of 2.5876 to the December average rate of 2.5846, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.8646 was down 5.40% compared to the 2017 peak of 3.0281, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,323 JMD
2017 Average 14,014 JMD
Yearly Trough Low 12,587 JMD
Transaction Impact: A difference of 1,735.78 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.8451
2.5273
JanuMarcMayJulySeptNove

GMD 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 2.6643, compared to 2.6968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0325 points.

H1 Avg (Jan–Jun) 2.6643
H2 Avg (Jul–Dec) 2.6968

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.1335 JMD (High: 2.8646 / Low: 2.7311). On the other end, April was the most stable month, with a tight range of 0.0394 JMD (High: 2.6664 / Low: 2.6270).

September Spread (Volatile) ±0.1335
April Spread (Stable) ±0.0394

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.1359 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.8072) against the same month in 2017 (average: 2.8206), the exchange rate shifted by -0.0134 (-0.47%).

2018 Avg (September) 2.8072
2017 Avg (September) 2.8206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6216 2.5535 2.5876
February 2.6909 2.5952 2.6557
March 2.7150 2.6545 2.6889
April 2.6664 2.6270 2.6425
May 2.6932 2.6410 2.6625
June 2.7977 2.6936 2.7485
July 2.7981 2.7150 2.7455
August 2.8548 2.7786 2.8187
September 2.8646 2.7311 2.8072
October 2.7253 2.5954 2.6713
November 2.5918 2.5174 2.5538
December 2.6140 2.5588 2.5846