YEARLY HIGH
0.0152 JMD
YEARLY LOW
0.0136 JMD
YEARLY AVERAGE
0.0142 JMD

2018 GNF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GNF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 0.0152. Conversely, the yearly low was recorded on November 20, dropping to 0.0136.

This high-to-low spread represents a total annual volatility of 0.0016 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0138 to the December average rate of 0.0140, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0152 was up 4.11% compared to the 2017 peak of 0.0146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76 JMD
2017 Average 70 JMD
Yearly Trough Low 68 JMD
Transaction Impact: A difference of 7.82 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0152
0.0137
JanuMarcMayJulySeptNove

GNF 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 0.0140, compared to 0.0145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0140
H2 Avg (Jul–Dec) 0.0145

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0008 JMD (High: 0.0149 / Low: 0.0141). On the other end, January was the most stable month, with a tight range of 0.0002 JMD (High: 0.0139 / Low: 0.0137).

October Spread (Volatile) ±0.0008
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0007 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0150) against the same month in 2017 (average: 0.0145), the exchange rate shifted by +0.0005 (+3.77%).

2018 Avg (September) 0.0150
2017 Avg (September) 0.0145

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0139 0.0137 0.0138
February 0.0141 0.0138 0.0140
March 0.0142 0.0140 0.0141
April 0.0140 0.0138 0.0138
May 0.0141 0.0138 0.0139
June 0.0146 0.0141 0.0144
July 0.0148 0.0143 0.0145
August 0.0152 0.0147 0.0150
September 0.0152 0.0148 0.0150
October 0.0149 0.0141 0.0146
November 0.0141 0.0136 0.0139
December 0.0141 0.0138 0.0140