YEARLY HIGH
0.6075 AFN
YEARLY LOW
0.5116 AFN
YEARLY AVERAGE
0.5619 AFN

2018 JMD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.6075. Conversely, the yearly low was recorded on November 18, dropping to 0.5116.

This high-to-low spread represents a total annual volatility of 0.0960 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5619 to the December average rate of 0.5913, the exchange rate registered a net change of 5.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6075 was up 8.53% compared to the 2017 peak of 0.5598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,038 AFN
2017 Average 2,648 AFN
Yearly Trough Low 2,558 AFN
Transaction Impact: A difference of 479.77 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6013
0.5305
JanuMarcMayJulySeptNove

JMD to AFN 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 0.5566, compared to 0.5672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.5566
H2 Avg (Jul–Dec) 0.5672

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0960 AFN (High: 0.6075 / Low: 0.5116). On the other end, May was the most stable month, with a tight range of 0.0088 AFN (High: 0.5699 / Low: 0.5611).

November Spread (Volatile) ±0.0960
May Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0201 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.5954) against the same month in 2017 (average: 0.5438), the exchange rate shifted by +0.0516 (+9.49%).

2018 Avg (November) 0.5954
2017 Avg (November) 0.5438

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5723 0.5576 0.5619
February 0.5586 0.5458 0.5517
March 0.5522 0.5408 0.5460
April 0.5648 0.5503 0.5608
May 0.5699 0.5611 0.5660
June 0.5648 0.5422 0.5534
July 0.5686 0.5428 0.5565
August 0.5421 0.5301 0.5364
September 0.5626 0.5355 0.5505
October 0.5869 0.5618 0.5731
November 0.6075 0.5116 0.5954
December 0.5989 0.5824 0.5913