YEARLY HIGH
1.9746 JMD
YEARLY LOW
1.7347 JMD
YEARLY AVERAGE
1.8868 JMD

2018 INR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the INR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 1.9746. Conversely, the yearly low was recorded on October 31, dropping to 1.7347.

This high-to-low spread represents a total annual volatility of 0.2399 JMD. From a start-to-finish perspective, comparing the January average rate of 1.9514 to the December average rate of 1.8075, the exchange rate registered a net change of -7.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.9746 was down 3.20% compared to the 2017 peak of 2.0399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 493,652 JMD
2017 Average 492,883 JMD
Yearly Trough Low 433,666 JMD
Transaction Impact: A difference of 59,985.93 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.9755
1.7422
JanuMarcMayJulySeptNove

INR 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 1.9219, compared to 1.8517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0703 points.

H1 Avg (Jan–Jun) 1.9219
H2 Avg (Jul–Dec) 1.8517

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0967 JMD (High: 1.8314 / Low: 1.7347). On the other end, January was the most stable month, with a tight range of 0.0292 JMD (High: 1.9635 / Low: 1.9343).

October Spread (Volatile) ±0.0967
January Spread (Stable) ±0.0292

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0943 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 1.9561) against the same month in 2017 (average: 1.9540), the exchange rate shifted by +0.0020 (+0.10%).

2018 Avg (March) 1.9561
2017 Avg (March) 1.9540

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9635 1.9343 1.9514
February 1.9693 1.9379 1.9505
March 1.9746 1.9306 1.9561
April 1.9406 1.8645 1.9004
May 1.8833 1.8310 1.8598
June 1.9409 1.8929 1.9135
July 1.9446 1.8774 1.9070
August 1.9665 1.9250 1.9498
September 1.9330 1.8558 1.8892
October 1.8314 1.7347 1.7949
November 1.8179 1.7357 1.7616
December 1.8413 1.7590 1.8075