2018 JMD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JMD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JMD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 73.3141. Conversely, the yearly low was recorded on September 3, dropping to 65.7695.
This high-to-low spread represents a total annual volatility of 7.5446 GNF. From a start-to-finish perspective, comparing the January average rate of 72.5316 to the December average rate of 71.6086, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 73.3141 was down 0.51% compared to the 2017 peak of 73.6864, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
JMD to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 71.4548, compared to 69.1197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3350 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 3.7521 GNF (High: 70.7756 / Low: 67.0235). On the other end, January was the most stable month, with a tight range of 0.8682 GNF (High: 73.0470 / Low: 72.1788).
Growth Streaks & Declines
TrendsBetween September and November, 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 July and August, when the average rate fell by 2.3759 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 71.9990) against the same month in 2017 (average: 71.4190), the exchange rate shifted by +0.5800 (+0.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.0470 | 72.1788 | 72.5316 |
| February | 72.4345 | 70.8306 | 71.6533 |
| March | 71.6268 | 70.2512 | 70.8126 |
| April | 72.6096 | 71.2349 | 72.2835 |
| May | 72.4338 | 71.1264 | 71.7968 |
| June | 71.1643 | 68.3508 | 69.6507 |
| July | 70.0116 | 67.7814 | 69.1076 |
| August | 67.8695 | 65.9530 | 66.7317 |
| September | 67.4764 | 65.7695 | 66.5435 |
| October | 70.7756 | 67.0235 | 68.7279 |
| November | 73.3141 | 70.8402 | 71.9990 |
| December | 72.5959 | 70.8509 | 71.6086 |