YEARLY HIGH
0.0295 QAR
YEARLY LOW
0.0265 QAR
YEARLY AVERAGE
0.0283 QAR

2018 JMD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0295. Conversely, the yearly low was recorded on September 4, dropping to 0.0265.

This high-to-low spread represents a total annual volatility of 0.0031 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0293 to the December average rate of 0.0285, the exchange rate registered a net change of -2.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0295 was down 5.15% compared to the 2017 peak of 0.0311, 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 148 QAR
2017 Average 143 QAR
Yearly Trough Low 132 QAR
Transaction Impact: A difference of 15.33 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0296
0.0265
JanuMarcMayJulySeptNove

JMD to QAR 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 0.0289, compared to 0.0277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0289
H2 Avg (Jul–Dec) 0.0277

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0013 QAR (High: 0.0284 / Low: 0.0271). On the other end, January was the most stable month, with a tight range of 0.0004 QAR (High: 0.0295 / Low: 0.0292).

October Spread (Volatile) ±0.0013
January Spread (Stable) ±0.0004

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 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0293) against the same month in 2017 (average: 0.0283), the exchange rate shifted by +0.0010 (+3.69%).

2018 Avg (January) 0.0293
2017 Avg (January) 0.0283

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0295 0.0292 0.0293
February 0.0293 0.0287 0.0290
March 0.0289 0.0284 0.0286
April 0.0293 0.0289 0.0292
May 0.0292 0.0287 0.0290
June 0.0287 0.0276 0.0281
July 0.0282 0.0273 0.0278
August 0.0273 0.0265 0.0268
September 0.0271 0.0265 0.0267
October 0.0284 0.0271 0.0275
November 0.0291 0.0284 0.0288
December 0.0288 0.0283 0.0285