YEARLY HIGH
0.0110 SGD
YEARLY LOW
0.0099 SGD
YEARLY AVERAGE
0.0105 SGD

2018 JMD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0110. Conversely, the yearly low was recorded on August 27, dropping to 0.0099.

This high-to-low spread represents a total annual volatility of 0.0011 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0106 to the December average rate of 0.0107, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0110 was down 2.31% compared to the 2017 peak of 0.0113, 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 55 SGD
2017 Average 54 SGD
Yearly Trough Low 50 SGD
Transaction Impact: A difference of 5.32 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0109
0.0100
JanuMarcMayJulySeptNove

JMD to SGD 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 0.0105, compared to 0.0104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0105
H2 Avg (Jul–Dec) 0.0104

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0006 SGD (High: 0.0108 / Low: 0.0102). On the other end, December was the most stable month, with a tight range of 0.0002 SGD (High: 0.0108 / Low: 0.0106).

October Spread (Volatile) ±0.0006
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, 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 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0109) against the same month in 2017 (average: 0.0107), the exchange rate shifted by +0.0001 (+1.19%).

2018 Avg (November) 0.0109
2017 Avg (November) 0.0107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0108 0.0105 0.0106
February 0.0106 0.0104 0.0105
March 0.0104 0.0102 0.0103
April 0.0106 0.0104 0.0105
May 0.0108 0.0105 0.0107
June 0.0105 0.0103 0.0104
July 0.0106 0.0102 0.0104
August 0.0102 0.0099 0.0101
September 0.0102 0.0100 0.0101
October 0.0108 0.0102 0.0104
November 0.0110 0.0107 0.0109
December 0.0108 0.0106 0.0107