YEARLY HIGH
0.0514 TRY
YEARLY LOW
0.0297 TRY
YEARLY AVERAGE
0.0374 TRY

2018 JMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.0514. Conversely, the yearly low was recorded on February 17, dropping to 0.0297.

This high-to-low spread represents a total annual volatility of 0.0216 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0304 to the December average rate of 0.0415, the exchange rate registered a net change of 36.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0514 was up 62.46% compared to the 2017 peak of 0.0316, 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 257 TRY
2017 Average 142 TRY
Yearly Trough Low 149 TRY
Transaction Impact: A difference of 108.24 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0480
0.0285
JanuMarcMayJulySeptNove

JMD to TRY 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 0.0324, compared to 0.0424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.0324
H2 Avg (Jul–Dec) 0.0424

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0141 TRY (High: 0.0514 / Low: 0.0373). On the other end, January was the most stable month, with a tight range of 0.0006 TRY (High: 0.0307 / Low: 0.0301).

August Spread (Volatile) ±0.0141
January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0024 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0438) against the same month in 2017 (average: 0.0275), the exchange rate shifted by +0.0163 (+59.48%).

2018 Avg (August) 0.0438
2017 Avg (August) 0.0275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0307 0.0301 0.0304
February 0.0306 0.0297 0.0301
March 0.0319 0.0297 0.0306
April 0.0333 0.0315 0.0326
May 0.0377 0.0329 0.0353
June 0.0366 0.0348 0.0357
July 0.0375 0.0353 0.0364
August 0.0514 0.0373 0.0438
September 0.0484 0.0444 0.0463
October 0.0463 0.0420 0.0440
November 0.0432 0.0409 0.0424
December 0.0425 0.0408 0.0415