YEARLY HIGH
0.5765 INR
YEARLY LOW
0.5064 INR
YEARLY AVERAGE
0.5307 INR

2018 JMD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.5765. Conversely, the yearly low was recorded on March 14, dropping to 0.5064.

This high-to-low spread represents a total annual volatility of 0.0701 INR. From a start-to-finish perspective, comparing the January average rate of 0.5125 to the December average rate of 0.5533, the exchange rate registered a net change of 7.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5765 was up 8.28% compared to the 2017 peak of 0.5324, 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 2,882 INR
2017 Average 2,537 INR
Yearly Trough Low 2,532 INR
Transaction Impact: A difference of 350.25 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5734
0.5056
JanuMarcMayJulySeptNove

JMD to INR 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 0.5205, compared to 0.5408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0203 points.

H1 Avg (Jan–Jun) 0.5205
H2 Avg (Jul–Dec) 0.5408

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0305 INR (High: 0.5765 / Low: 0.5460). On the other end, January was the most stable month, with a tight range of 0.0077 INR (High: 0.5170 / Low: 0.5093).

October Spread (Volatile) ±0.0305
January Spread (Stable) ±0.0077

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 May and June, when the average rate fell by 0.0151 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.5573) against the same month in 2017 (average: 0.5080), the exchange rate shifted by +0.0493 (+9.70%).

2018 Avg (October) 0.5573
2017 Avg (October) 0.5080

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5170 0.5093 0.5125
February 0.5160 0.5078 0.5127
March 0.5180 0.5064 0.5113
April 0.5363 0.5153 0.5263
May 0.5461 0.5310 0.5377
June 0.5283 0.5152 0.5226
July 0.5327 0.5143 0.5244
August 0.5195 0.5085 0.5129
September 0.5389 0.5173 0.5294
October 0.5765 0.5460 0.5573
November 0.5762 0.5501 0.5677
December 0.5685 0.5431 0.5533