YEARLY HIGH
2.8804 MRO
YEARLY LOW
1.5595 MRO
YEARLY AVERAGE
2.7600 MRO

2018 JMD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.8804. Conversely, the yearly low was recorded on October 8, dropping to 1.5595.

This high-to-low spread represents a total annual volatility of 1.3209 MRO. From a start-to-finish perspective, comparing the January average rate of 2.8575 to the December average rate of 2.7924, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.8804 was up 0.38% compared to the 2017 peak of 2.8695, 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 14,402 MRO
2017 Average 14,026 MRO
Yearly Trough Low 7,797 MRO
Transaction Impact: A difference of 6,604.56 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.8811
2.5980
JanuMarcMayJulySeptNove

JMD to MRO 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 2.8176, compared to 2.7023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1153 points.

H1 Avg (Jan–Jun) 2.8176
H2 Avg (Jul–Dec) 2.7023

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 1.2236 MRO (High: 2.7830 / Low: 1.5595). On the other end, January was the most stable month, with a tight range of 0.0481 MRO (High: 2.8804 / Low: 2.8323).

October Spread (Volatile) ±1.2236
January Spread (Stable) ±0.0481

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 0.0895 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0895

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 2.8575) against the same month in 2017 (average: 2.7839), the exchange rate shifted by +0.0736 (+2.64%).

2018 Avg (January) 2.8575
2017 Avg (January) 2.7839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8804 2.8323 2.8575
February 2.8586 2.8014 2.8271
March 2.8299 2.7690 2.7959
April 2.8675 2.8181 2.8489
May 2.8555 2.7989 2.8329
June 2.8025 2.6950 2.7434
July 2.7587 2.6709 2.7190
August 2.6656 2.6010 2.6302
September 2.6566 2.5945 2.6216
October 2.7830 1.5595 2.6293
November 2.8575 2.7841 2.8215
December 2.8186 2.7700 2.7924