YEARLY HIGH
0.0760 MAD
YEARLY LOW
0.0686 MAD
YEARLY AVERAGE
0.0729 MAD

2018 JMD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0760. Conversely, the yearly low was recorded on August 27, dropping to 0.0686.

This high-to-low spread represents a total annual volatility of 0.0074 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0745 to the December average rate of 0.0746, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0760 was down 4.07% compared to the 2017 peak of 0.0792, 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 380 MAD
2017 Average 378 MAD
Yearly Trough Low 343 MAD
Transaction Impact: A difference of 37.11 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0758
0.0684
JanuMarcMayJulySeptNove

JMD to MAD 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 0.0736, compared to 0.0721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0736
H2 Avg (Jul–Dec) 0.0721

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0042 MAD (High: 0.0746 / Low: 0.0703). On the other end, December was the most stable month, with a tight range of 0.0011 MAD (High: 0.0751 / Low: 0.0740).

October Spread (Volatile) ±0.0042
December Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between March and May, 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 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0752) against the same month in 2017 (average: 0.0749), the exchange rate shifted by +0.0003 (+0.40%).

2018 Avg (November) 0.0752
2017 Avg (November) 0.0749

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0758 0.0735 0.0745
February 0.0739 0.0724 0.0731
March 0.0732 0.0715 0.0722
April 0.0745 0.0731 0.0738
May 0.0759 0.0745 0.0750
June 0.0748 0.0722 0.0732
July 0.0734 0.0708 0.0722
August 0.0708 0.0686 0.0699
September 0.0700 0.0686 0.0690
October 0.0746 0.0703 0.0718
November 0.0760 0.0743 0.0752
December 0.0751 0.0740 0.0746