2018 JMD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JMD to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JMD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 118.6408. Conversely, the yearly low was recorded on August 27, dropping to 104.5536.
This high-to-low spread represents a total annual volatility of 14.0872 IDR. From a start-to-finish perspective, comparing the January average rate of 107.9826 to the December average rate of 113.5531, the exchange rate registered a net change of 5.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 118.6408 was up 8.83% compared to the 2017 peak of 109.0180, 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 IDR 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 109.0680, compared to 110.8192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7512 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 9.9562 IDR (High: 118.6408 / Low: 108.6846). On the other end, February was the most stable month, with a tight range of 1.2401 IDR (High: 108.7181 / Low: 107.4780).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 3.9505 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 114.9467) against the same month in 2017 (average: 105.5521), the exchange rate shifted by +9.3947 (+8.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 109.1027 | 106.9257 | 107.9826 |
| February | 108.7181 | 107.4780 | 108.0439 |
| March | 109.4564 | 107.3146 | 108.1740 |
| April | 111.3985 | 109.1897 | 110.6069 |
| May | 112.7577 | 109.5951 | 111.7755 |
| June | 109.2174 | 105.7315 | 107.8250 |
| July | 110.3061 | 107.0632 | 109.0172 |
| August | 107.0419 | 104.5536 | 105.7199 |
| September | 107.1783 | 104.7082 | 105.7481 |
| October | 118.6408 | 108.6846 | 114.9467 |
| November | 117.9827 | 113.0741 | 115.9302 |
| December | 114.6617 | 112.2450 | 113.5531 |