YEARLY HIGH
1.2904 JMD
YEARLY LOW
1.0048 JMD
YEARLY AVERAGE
1.1962 JMD

2018 ISK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 1.2904. Conversely, the yearly low was recorded on November 27, dropping to 1.0048.

This high-to-low spread represents a total annual volatility of 0.2856 JMD. From a start-to-finish perspective, comparing the January average rate of 1.2092 to the December average rate of 1.0617, the exchange rate registered a net change of -12.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2904 was down 3.36% compared to the 2017 peak of 1.3353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,452 JMD
2017 Average 6,025 JMD
Yearly Trough Low 5,024 JMD
Transaction Impact: A difference of 1,428.14 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3037
1.0045
JanuMarcMayJulySeptNove

ISK 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 1.2349, compared to 1.1574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0775 points.

H1 Avg (Jan–Jun) 1.2349
H2 Avg (Jul–Dec) 1.1574

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.1432 JMD (High: 1.1994 / Low: 1.0562). On the other end, March was the most stable month, with a tight range of 0.0297 JMD (High: 1.2904 / Low: 1.2608).

October Spread (Volatile) ±0.1432
March Spread (Stable) ±0.0297

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 0.1042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 1.2787) against the same month in 2017 (average: 1.1788), the exchange rate shifted by +0.1000 (+8.48%).

2018 Avg (March) 1.2787
2017 Avg (March) 1.1788

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2397 1.1772 1.2092
February 1.2594 1.2228 1.2452
March 1.2904 1.2608 1.2787
April 1.2754 1.2314 1.2527
May 1.2264 1.1841 1.2091
June 1.2390 1.2016 1.2147
July 1.2704 1.2076 1.2302
August 1.2853 1.2359 1.2596
September 1.2687 1.2014 1.2338
October 1.1994 1.0562 1.1296
November 1.0589 1.0048 1.0295
December 1.1061 1.0289 1.0617