YEARLY HIGH
0.7787 CVE
YEARLY LOW
0.6902 CVE
YEARLY AVERAGE
0.7274 CVE

2018 JMD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.7787. Conversely, the yearly low was recorded on September 25, dropping to 0.6902.

This high-to-low spread represents a total annual volatility of 0.0886 CVE. From a start-to-finish perspective, comparing the January average rate of 0.7311 to the December average rate of 0.7600, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7787 was down 5.27% compared to the 2017 peak of 0.8221, 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 3,894 CVE
2017 Average 3,822 CVE
Yearly Trough Low 3,451 CVE
Transaction Impact: A difference of 442.81 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7752
0.6887
JanuMarcMayJulySeptNove

JMD to CVE 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 0.7245, compared to 0.7302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.7245
H2 Avg (Jul–Dec) 0.7302

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0489 CVE (High: 0.7603 / Low: 0.7114). On the other end, March was the most stable month, with a tight range of 0.0169 CVE (High: 0.7146 / Low: 0.6977).

October Spread (Volatile) ±0.0489
March Spread (Stable) ±0.0169

Growth Streaks & Declines

Trends

Between March and May, 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 0.0181 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.7680) against the same month in 2017 (average: 0.7470), the exchange rate shifted by +0.0210 (+2.81%).

2018 Avg (November) 0.7680
2017 Avg (November) 0.7470

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7505 0.7104 0.7311
February 0.7230 0.7047 0.7131
March 0.7146 0.6977 0.7054
April 0.7346 0.7132 0.7229
May 0.7562 0.7353 0.7437
June 0.7451 0.7162 0.7306
July 0.7353 0.7089 0.7223
August 0.7201 0.6918 0.7064
September 0.7080 0.6902 0.6959
October 0.7603 0.7114 0.7288
November 0.7787 0.7580 0.7680
December 0.7710 0.7517 0.7600