YEARLY HIGH
118.6408 IDR
YEARLY LOW
104.5536 IDR
YEARLY AVERAGE
109.9436 IDR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 593,204 IDR
2017 Average 521,466 IDR
Yearly Trough Low 522,768 IDR
Transaction Impact: A difference of 70,436.06 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

116.9513
104.6988
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 109.0680
H2 Avg (Jul–Dec) 110.8192

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±9.9562
February Spread (Stable) ±1.2401

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.9505

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (October) 114.9467
2017 Avg (October) 105.5521

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