YEARLY HIGH
19.9458 MNT
YEARLY LOW
16.6259 MNT
YEARLY AVERAGE
18.8764 MNT

2018 JMD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 19.9458. Conversely, the yearly low was recorded on June 14, dropping to 16.6259.

This high-to-low spread represents a total annual volatility of 3.3199 MNT. From a start-to-finish perspective, comparing the January average rate of 19.5058 to the December average rate of 19.2758, the exchange rate registered a net change of -1.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 19.9458 was up 2.09% compared to the 2017 peak of 19.5369, 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 99,729 MNT
2017 Average 94,889 MNT
Yearly Trough Low 83,129 MNT
Transaction Impact: A difference of 16,599.37 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

19.8749
17.7479
JanuMarcMayJulySeptNove

JMD to MNT 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 19.0245, compared to 18.7282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2963 points.

H1 Avg (Jan–Jun) 19.0245
H2 Avg (Jul–Dec) 18.7282

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 2.3080 MNT (High: 18.9339 / Low: 16.6259). On the other end, January was the most stable month, with a tight range of 0.2820 MNT (High: 19.6741 / Low: 19.3921).

June Spread (Volatile) ±2.3080
January Spread (Stable) ±0.2820

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 May and June, when the average rate fell by 0.6507 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 19.6976) against the same month in 2017 (average: 19.3857), the exchange rate shifted by +0.3120 (+1.61%).

2018 Avg (November) 19.6976
2017 Avg (November) 19.3857

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.6741 19.3921 19.5058
February 19.4314 18.8159 19.0959
March 19.0331 18.6601 18.8072
April 19.2342 18.9284 19.1547
May 19.2634 18.9305 19.1171
June 18.9339 16.6259 18.4664
July 18.9081 18.2877 18.6407
August 18.2688 17.8129 18.0118
September 18.1480 17.7482 17.9251
October 19.4165 18.2013 18.8182
November 19.9458 19.3972 19.6976
December 19.7622 19.0392 19.2758