2018 JEP to ALL Historical Review

YEARLY HIGH

111.7633 ALL

YEARLY LOW

104.3800 ALL

YEARLY AVERAGE

108.0543 ALL

2018 JEP to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JEP to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 111.7633. Conversely, the yearly low was recorded on April 16, dropping to 104.3800.

This high-to-low spread represents a total annual volatility of 7.3833 ALL. From a start-to-finish perspective, comparing the January average rate of 109.4720 to the December average rate of 108.5143, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 111.7633 was down 13.80% compared to the 2017 peak of 129.6600, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 558,817 ALL

2017 Average 594,880 ALL

Yearly Trough Low 521,900 ALL

Transaction Impact: A difference of 36,916.67 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

110.0628

104.9420

JanuMarcMayJulySeptNove

JEP to ALL 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 107.3603, compared to 108.7482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3879 points.

H1 Avg (Jan–Jun) 107.3603

H2 Avg (Jul–Dec) 108.7482

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 4.5597 ALL (High: 111.7633 / Low: 107.2037). On the other end, July was the most stable month, with a tight range of 1.1561 ALL (High: 108.4061 / Low: 107.2500).

January Spread (Volatile) ±4.5597

July Spread (Stable) ±1.1561

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 1.9797 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.9797

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 109.4720) against the same month in 2017 (average: 128.2660), the exchange rate shifted by -18.7940 (-14.65%).

2018 Avg (January) 109.4720

2017 Avg (January) 128.2660

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	111.7633	107.2037	109.4720
February	108.9500	106.0000	107.4923
March	108.1200	105.0646	106.3862
April	106.4663	104.3800	105.3687
May	109.4000	106.1667	107.3946
June	109.1500	105.3000	108.0481
July	108.4061	107.2500	107.8117
August	110.8500	107.5352	108.9320
September	109.4000	107.4350	108.5955
October	110.2000	108.1896	108.9997
November	110.5244	108.8911	109.6360
December	109.7600	107.3300	108.5143