YEARLY HIGH
0.8363 KES
YEARLY LOW
0.7322 KES
YEARLY AVERAGE
0.7868 KES

2018 JMD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.8363. Conversely, the yearly low was recorded on September 3, dropping to 0.7322.

This high-to-low spread represents a total annual volatility of 0.1041 KES. From a start-to-finish perspective, comparing the January average rate of 0.8283 to the December average rate of 0.7993, the exchange rate registered a net change of -3.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8363 was up 0.78% compared to the 2017 peak of 0.8298, 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 4,181 KES
2017 Average 4,030 KES
Yearly Trough Low 3,661 KES
Transaction Impact: A difference of 520.59 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8371
0.7314
JanuMarcMayJulySeptNove

JMD to KES 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 0.8028, compared to 0.7707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0321 points.

H1 Avg (Jan–Jun) 0.8028
H2 Avg (Jul–Dec) 0.7707

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0458 KES (High: 0.7939 / Low: 0.7481). On the other end, May was the most stable month, with a tight range of 0.0086 KES (High: 0.8054 / Low: 0.7968).

October Spread (Volatile) ±0.0458
May Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0261 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.8283) against the same month in 2017 (average: 0.8053), the exchange rate shifted by +0.0230 (+2.86%).

2018 Avg (January) 0.8283
2017 Avg (January) 0.8053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8363 0.8208 0.8283
February 0.8193 0.7972 0.8067
March 0.8024 0.7889 0.7952
April 0.8134 0.8012 0.8062
May 0.8054 0.7968 0.8014
June 0.7982 0.7653 0.7789
July 0.7816 0.7524 0.7686
August 0.7533 0.7352 0.7426
September 0.7488 0.7322 0.7402
October 0.7939 0.7481 0.7650
November 0.8223 0.7906 0.8086
December 0.8096 0.7893 0.7993