YEARLY HIGH
29.1131 MGA
YEARLY LOW
24.0672 MGA
YEARLY AVERAGE
25.9461 MGA

2018 JMD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 29.1131. Conversely, the yearly low was recorded on March 10, dropping to 24.0672.

This high-to-low spread represents a total annual volatility of 5.0459 MGA. From a start-to-finish perspective, comparing the January average rate of 26.1093 to the December average rate of 27.7792, the exchange rate registered a net change of 6.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 29.1131 was up 10.71% compared to the 2017 peak of 26.2973, 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 145,565 MGA
2017 Average 121,723 MGA
Yearly Trough Low 120,336 MGA
Transaction Impact: A difference of 25,229.51 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

28.8402
23.9924
JanuMarcMayJulySeptNove

JMD to MGA 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 25.6227, compared to 26.2696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6469 points.

H1 Avg (Jan–Jun) 25.6227
H2 Avg (Jul–Dec) 26.2696

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 1.9071 MGA (High: 27.5091 / Low: 25.6020). On the other end, May was the most stable month, with a tight range of 0.4530 MGA (High: 26.2015 / Low: 25.7485).

October Spread (Volatile) ±1.9071
May Spread (Stable) ±0.4530

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 July and August, when the average rate fell by 1.1376 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 28.4362) against the same month in 2017 (average: 25.1773), the exchange rate shifted by +3.2590 (+12.94%).

2018 Avg (November) 28.4362
2017 Avg (November) 25.1773

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.4152 25.7499 26.1093
February 25.9595 24.5940 25.2109
March 25.5542 24.0672 24.7685
April 26.0867 25.4584 25.7735
May 26.2015 25.7485 25.9484
June 26.4737 25.3371 25.9254
July 26.1291 24.5849 25.5340
August 24.6389 24.1850 24.3964
September 25.5188 24.4197 24.9720
October 27.5091 25.6020 26.4996
November 29.1131 27.4901 28.4362
December 29.0550 27.2151 27.7792