2018 JMD to ZAR Historical Review

YEARLY HIGH

0.1149 ZAR

YEARLY LOW

0.0912 ZAR

YEARLY AVERAGE

0.1027 ZAR

2018 JMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.1149. Conversely, the yearly low was recorded on February 24, dropping to 0.0912.

This high-to-low spread represents a total annual volatility of 0.0237 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0982 to the December average rate of 0.1118, the exchange rate registered a net change of 13.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1149 was up 0.27% compared to the 2017 peak of 0.1146, 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 575 ZAR

2017 Average 519 ZAR

Yearly Trough Low 456 ZAR

Transaction Impact: A difference of 118.73 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1136

0.0912

JanuMarcMayJulySeptNove

JMD to ZAR 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 0.0974, compared to 0.1079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.0974

H2 Avg (Jul–Dec) 0.1079

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0091 ZAR (High: 0.1130 / Low: 0.1039). On the other end, March was the most stable month, with a tight range of 0.0025 ZAR (High: 0.0945 / Low: 0.0920).

September Spread (Volatile) ±0.0091

March Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0041 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.1101) against the same month in 2017 (average: 0.1070), the exchange rate shifted by +0.0031 (+2.88%).

2018 Avg (October) 0.1101

2017 Avg (October) 0.1070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1004	0.0953	0.0982
February	0.0972	0.0912	0.0940
March	0.0945	0.0920	0.0931
April	0.0998	0.0939	0.0970
May	0.1015	0.0977	0.0998
June	0.1063	0.0988	0.1025
July	0.1070	0.0987	0.1022
August	0.1079	0.0989	0.1036
September	0.1130	0.1039	0.1082
October	0.1149	0.1060	0.1101
November	0.1142	0.1081	0.1113
December	0.1144	0.1079	0.1118