YEARLY HIGH
0.9952 ISK
YEARLY LOW
0.7749 ISK
YEARLY AVERAGE
0.8400 ISK

2018 JMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.9952. Conversely, the yearly low was recorded on March 26, dropping to 0.7749.

This high-to-low spread represents a total annual volatility of 0.2203 ISK. From a start-to-finish perspective, comparing the January average rate of 0.8272 to the December average rate of 0.9425, the exchange rate registered a net change of 13.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9952 was up 9.14% compared to the 2017 peak of 0.9119, 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 4,976 ISK
2017 Average 4,155 ISK
Yearly Trough Low 3,875 ISK
Transaction Impact: A difference of 1,101.41 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9906
0.7631
JanuMarcMayJulySeptNove

JMD to ISK 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 0.8102, compared to 0.8697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0595 points.

H1 Avg (Jan–Jun) 0.8102
H2 Avg (Jul–Dec) 0.8697

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.1130 ISK (High: 0.9468 / Low: 0.8338). On the other end, March was the most stable month, with a tight range of 0.0182 ISK (High: 0.7932 / Low: 0.7749).

October Spread (Volatile) ±0.1130
March Spread (Stable) ±0.0182

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 November and December, when the average rate fell by 0.0291 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.9716) against the same month in 2017 (average: 0.8247), the exchange rate shifted by +0.1469 (+17.81%).

2018 Avg (November) 0.9716
2017 Avg (November) 0.8247

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8495 0.8066 0.8272
February 0.8178 0.7940 0.8031
March 0.7932 0.7749 0.7820
April 0.8121 0.7841 0.7984
May 0.8445 0.8154 0.8272
June 0.8322 0.8071 0.8233
July 0.8281 0.7872 0.8131
August 0.8091 0.7780 0.7940
September 0.8324 0.7882 0.8106
October 0.9468 0.8338 0.8866
November 0.9952 0.9443 0.9716
December 0.9719 0.9041 0.9425