YEARLY HIGH
340.2002 IRR
YEARLY LOW
286.5379 IRR
YEARLY AVERAGE
315.4261 IRR

2018 JMD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 340.2002. Conversely, the yearly low was recorded on January 2, dropping to 286.5379.

This high-to-low spread represents a total annual volatility of 53.6623 IRR. From a start-to-finish perspective, comparing the January average rate of 290.2119 to the December average rate of 330.5206, the exchange rate registered a net change of 13.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 340.2002 was up 18.75% compared to the 2017 peak of 286.4782, 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 1,701,001 IRR
2017 Average 1,288,444 IRR
Yearly Trough Low 1,432,689 IRR
Transaction Impact: A difference of 268,311.57 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

340.4202
285.6475
JanuMarcMayJulySeptNove

JMD to IRR 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 305.0183, compared to 325.8340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.8156 points.

H1 Avg (Jan–Jun) 305.0183
H2 Avg (Jul–Dec) 325.8340

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 37.6172 IRR (High: 336.3101 / Low: 298.6929). On the other end, February was the most stable month, with a tight range of 3.7178 IRR (High: 297.1688 / Low: 293.4510).

May Spread (Volatile) ±37.6172
February Spread (Stable) ±3.7178

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 10.9149 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -10.9149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 335.8558) against the same month in 2017 (average: 274.8140), the exchange rate shifted by +61.0418 (+22.21%).

2018 Avg (November) 335.8558
2017 Avg (November) 274.8140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 297.1655 286.5379 290.2119
February 297.1688 293.4510 294.8378
March 298.8599 292.0875 294.7748
April 302.8668 298.4188 300.5964
May 336.3101 298.6929 323.0728
June 332.0615 321.4746 326.6160
July 333.5398 327.9765 330.4669
August 328.3152 314.8534 319.5520
September 320.8950 313.6960 316.8380
October 331.2769 315.7868 321.7704
November 340.2002 331.4150 335.8558
December 335.5079 326.7019 330.5206