YEARLY HIGH
0.4929 MZN
YEARLY LOW
0.4276 MZN
YEARLY AVERAGE
0.4680 MZN

2018 JMD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.4929. Conversely, the yearly low was recorded on August 13, dropping to 0.4276.

This high-to-low spread represents a total annual volatility of 0.0654 MZN. From a start-to-finish perspective, comparing the January average rate of 0.4757 to the December average rate of 0.4772, the exchange rate registered a net change of 0.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4929 was down 11.27% compared to the 2017 peak of 0.5555, 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 2,465 MZN
2017 Average 2,504 MZN
Yearly Trough Low 2,138 MZN
Transaction Impact: A difference of 326.82 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4918
0.4277
JanuMarcMayJulySeptNove

JMD to MZN 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 0.4786, compared to 0.4574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 0.4786
H2 Avg (Jul–Dec) 0.4574

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0266 MZN (High: 0.4627 / Low: 0.4361). On the other end, March was the most stable month, with a tight range of 0.0108 MZN (High: 0.4929 / Low: 0.4821).

July Spread (Volatile) ±0.0266
March Spread (Stable) ±0.0108

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 May and June, when the average rate fell by 0.0198 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.4864) against the same month in 2017 (average: 0.5376), the exchange rate shifted by -0.0512 (-9.52%).

2018 Avg (March) 0.4864
2017 Avg (March) 0.5376

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4840 0.4707 0.4757
February 0.4902 0.4761 0.4847
March 0.4929 0.4821 0.4864
April 0.4926 0.4781 0.4863
May 0.4841 0.4710 0.4793
June 0.4704 0.4498 0.4595
July 0.4627 0.4361 0.4506
August 0.4387 0.4276 0.4330
September 0.4503 0.4361 0.4439
October 0.4736 0.4505 0.4586
November 0.4869 0.4734 0.4810
December 0.4833 0.4724 0.4772