YEARLY HIGH
0.0687 NOK
YEARLY LOW
0.0598 NOK
YEARLY AVERAGE
0.0632 NOK

2018 JMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0687. Conversely, the yearly low was recorded on September 25, dropping to 0.0598.

This high-to-low spread represents a total annual volatility of 0.0088 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0637 to the December average rate of 0.0675, the exchange rate registered a net change of 6.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0687 was up 1.74% compared to the 2017 peak of 0.0675, 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 343 NOK
2017 Average 322 NOK
Yearly Trough Low 299 NOK
Transaction Impact: A difference of 44.23 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0682
0.0599
JanuMarcMayJulySeptNove

JMD to NOK 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 0.0628, compared to 0.0635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0628
H2 Avg (Jul–Dec) 0.0635

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0049 NOK (High: 0.0656 / Low: 0.0608). On the other end, August was the most stable month, with a tight range of 0.0019 NOK (High: 0.0626 / Low: 0.0607).

October Spread (Volatile) ±0.0049
August Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between September and December, 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 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0670) against the same month in 2017 (average: 0.0648), the exchange rate shifted by +0.0022 (+3.36%).

2018 Avg (November) 0.0670
2017 Avg (November) 0.0648

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0659 0.0617 0.0637
February 0.0636 0.0614 0.0623
March 0.0625 0.0602 0.0611
April 0.0643 0.0620 0.0629
May 0.0658 0.0638 0.0645
June 0.0644 0.0617 0.0626
July 0.0631 0.0610 0.0621
August 0.0626 0.0607 0.0615
September 0.0618 0.0598 0.0606
October 0.0656 0.0608 0.0625
November 0.0687 0.0652 0.0670
December 0.0686 0.0666 0.0675