2018 JMD to NGN Historical Review

YEARLY HIGH

2.9214 NGN

YEARLY LOW

2.6139 NGN

YEARLY AVERAGE

2.8060 NGN

2018 JMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 2.9214. Conversely, the yearly low was recorded on September 4, dropping to 2.6139.

This high-to-low spread represents a total annual volatility of 0.3075 NGN. From a start-to-finish perspective, comparing the January average rate of 2.8998 to the December average rate of 2.8473, the exchange rate registered a net change of -1.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.9214 was up 1.12% compared to the 2017 peak of 2.8890, 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 14,607 NGN

2017 Average 13,011 NGN

Yearly Trough Low 13,070 NGN

Transaction Impact: A difference of 1,537.55 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.9240

2.6335

JanuMarcMayJulySeptNove

JMD to NGN 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 2.8547, compared to 2.7573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0975 points.

H1 Avg (Jan–Jun) 2.8547

H2 Avg (Jul–Dec) 2.7573

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.1390 NGN (High: 2.8337 / Low: 2.6947). On the other end, January was the most stable month, with a tight range of 0.0375 NGN (High: 2.9214 / Low: 2.8839).

October Spread (Volatile) ±0.1390

January Spread (Stable) ±0.0375

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 July and August, when the average rate fell by 0.0911 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 2.8998) against the same month in 2017 (average: 2.4306), the exchange rate shifted by +0.4692 (+19.30%).

2018 Avg (January) 2.8998

2017 Avg (January) 2.4306

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9214	2.8839	2.8998
February	2.8950	2.8404	2.8676
March	2.8614	2.8085	2.8312
April	2.8930	2.8485	2.8837
May	2.8893	2.8363	2.8681
June	2.8426	2.7240	2.7779
July	2.7896	2.7021	2.7539
August	2.7045	2.6357	2.6627
September	2.7037	2.6139	2.6577
October	2.8337	2.6947	2.7494
November	2.9175	2.8320	2.8725
December	2.8857	2.8249	2.8473