2018 JMD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JMD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JMD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1989.5908. Conversely, the yearly low was recorded on February 5, dropping to 0.0799.
This high-to-low spread represents a total annual volatility of 1989.5110 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0814 to the December average rate of 1943.6260, the exchange rate registered a net change of 2388872.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 1989.5908 was up 2296013.67% compared to the 2017 peak of 0.0867, 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 VEF 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 335.0713, compared to 1607.4189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1272.3476 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 1026.7519 VEF (High: 1824.0691 / Low: 797.3173). On the other end, January was the most stable month, with a tight range of 0.0043 VEF (High: 0.0843 / Low: 0.0801).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 20.3006 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 1963.9266) against the same month in 2017 (average: 0.0819), the exchange rate shifted by +1963.8447 (+2396815.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0843 | 0.0801 | 0.0814 |
| February | 228.2308 | 0.0799 | 129.5048 |
| March | 319.8894 | 227.4874 | 286.0739 |
| April | 537.0332 | 319.0736 | 401.1423 |
| May | 633.5550 | 549.5662 | 577.5020 |
| June | 628.9855 | 604.8644 | 616.1235 |
| July | 816.2463 | 609.0465 | 694.4667 |
| August | 1824.0691 | 797.3173 | 1338.4498 |
| September | 1846.4208 | 1805.7445 | 1823.7432 |
| October | 1936.9834 | 1846.5496 | 1880.3010 |
| November | 1989.5908 | 1937.7319 | 1963.9266 |
| December | 1961.8478 | 1928.0702 | 1943.6260 |