YEARLY HIGH
0.0119 NZD
YEARLY LOW
0.0107 NZD
YEARLY AVERAGE
0.0112 NZD

2018 JMD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0119. Conversely, the yearly low was recorded on March 13, dropping to 0.0107.

This high-to-low spread represents a total annual volatility of 0.0013 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0111 to the December average rate of 0.0115, the exchange rate registered a net change of 3.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0119 was up 1.97% compared to the 2017 peak of 0.0117, 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 60 NZD
2017 Average 55 NZD
Yearly Trough Low 53 NZD
Transaction Impact: A difference of 6.31 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0117
0.0108
JanuMarcMayJulySeptNove

JMD to NZD 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 0.0111, compared to 0.0114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0111
H2 Avg (Jul–Dec) 0.0114

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0007 NZD (High: 0.0119 / Low: 0.0113). On the other end, September was the most stable month, with a tight range of 0.0003 NZD (High: 0.0113 / Low: 0.0110).

October Spread (Volatile) ±0.0007
September Spread (Stable) ±0.0003

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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0116) against the same month in 2017 (average: 0.0111), the exchange rate shifted by +0.0005 (+4.63%).

2018 Avg (October) 0.0116
2017 Avg (October) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0114 0.0109 0.0111
February 0.0111 0.0107 0.0109
March 0.0110 0.0107 0.0108
April 0.0114 0.0108 0.0111
May 0.0116 0.0112 0.0115
June 0.0114 0.0110 0.0111
July 0.0115 0.0110 0.0112
August 0.0113 0.0109 0.0111
September 0.0113 0.0110 0.0111
October 0.0119 0.0113 0.0116
November 0.0118 0.0115 0.0117
December 0.0117 0.0114 0.0115