YEARLY HIGH
1.0973 PKR
YEARLY LOW
0.8631 PKR
YEARLY AVERAGE
0.9429 PKR

2018 JMD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.0973. Conversely, the yearly low was recorded on March 15, dropping to 0.8631.

This high-to-low spread represents a total annual volatility of 0.2343 PKR. From a start-to-finish perspective, comparing the January average rate of 0.8910 to the December average rate of 1.0874, the exchange rate registered a net change of 22.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0973 was up 23.44% compared to the 2017 peak of 0.8890, 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 5,487 PKR
2017 Average 4,104 PKR
Yearly Trough Low 4,315 PKR
Transaction Impact: A difference of 1,171.32 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1081
0.8597
JanuMarcMayJulySeptNove

JMD to PKR 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 0.9031, compared to 0.9827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0796 points.

H1 Avg (Jan–Jun) 0.9031
H2 Avg (Jul–Dec) 0.9827

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.1261 PKR (High: 1.0391 / Low: 0.9129). On the other end, January was the most stable month, with a tight range of 0.0113 PKR (High: 0.8980 / Low: 0.8867).

October Spread (Volatile) ±0.1261
January Spread (Stable) ±0.0113

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 July and August, when the average rate fell by 0.0420 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.0874) against the same month in 2017 (average: 0.8688), the exchange rate shifted by +0.2187 (+25.17%).

2018 Avg (December) 1.0874
2017 Avg (December) 0.8688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8980 0.8867 0.8910
February 0.8897 0.8708 0.8804
March 0.9197 0.8631 0.8837
April 0.9303 0.9174 0.9267
May 0.9292 0.9107 0.9212
June 0.9336 0.8942 0.9156
July 0.9836 0.9121 0.9512
August 0.9247 0.8933 0.9093
September 0.9163 0.8951 0.9054
October 1.0391 0.9129 0.9839
November 1.0751 1.0397 1.0587
December 1.0973 1.0588 1.0874