2018 JMD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JMD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JMD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 18.3969. Conversely, the yearly low was recorded on September 4, dropping to 16.6228.
This high-to-low spread represents a total annual volatility of 1.7742 TZS. From a start-to-finish perspective, comparing the January average rate of 18.0920 to the December average rate of 18.0095, the exchange rate registered a net change of -0.46% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 18.3969 was down 5.69% compared to the 2017 peak of 19.5058, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
JMD to TZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 17.9521, compared to 17.4113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5409 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 0.8684 TZS (High: 17.8519 / Low: 16.9835). On the other end, January was the most stable month, with a tight range of 0.2192 TZS (High: 18.2123 / Low: 17.9931).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 0.5929 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 18.1474) against the same month in 2017 (average: 17.9302), the exchange rate shifted by +0.2172 (+1.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.2123 | 17.9931 | 18.0920 |
| February | 18.1184 | 17.7246 | 17.9250 |
| March | 17.9666 | 17.5601 | 17.7389 |
| April | 18.3960 | 17.9226 | 18.2142 |
| May | 18.3411 | 17.9588 | 18.1678 |
| June | 17.9698 | 17.2224 | 17.5748 |
| July | 17.6138 | 17.0851 | 17.3909 |
| August | 17.0765 | 16.6440 | 16.8370 |
| September | 16.9711 | 16.6228 | 16.7660 |
| October | 17.8519 | 16.9835 | 17.3168 |
| November | 18.3969 | 17.8594 | 18.1474 |
| December | 18.1620 | 17.7910 | 18.0095 |