YEARLY HIGH
1.3658 JMD
YEARLY LOW
1.1958 JMD
YEARLY AVERAGE
1.2726 JMD

2018 KES to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the KES to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 1.3658. Conversely, the yearly low was recorded on January 11, dropping to 1.1958.

This high-to-low spread represents a total annual volatility of 0.1701 JMD. From a start-to-finish perspective, comparing the January average rate of 1.2073 to the December average rate of 1.2511, the exchange rate registered a net change of 3.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3658 was up 7.41% compared to the 2017 peak of 1.2716, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KES based on timing:

Yearly Peak High 6,829 JMD
2017 Average 6,205 JMD
Yearly Trough Low 5,979 JMD
Transaction Impact: A difference of 850.26 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3654
1.1929
JanuMarcMayJulySeptNove

KES to JMD 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 1.2461, compared to 1.2991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0530 points.

H1 Avg (Jan–Jun) 1.2461
H2 Avg (Jul–Dec) 1.2991

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0772 JMD (High: 1.3368 / Low: 1.2596). On the other end, May was the most stable month, with a tight range of 0.0134 JMD (High: 1.2550 / Low: 1.2417).

October Spread (Volatile) ±0.0772
May Spread (Stable) ±0.0134

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 0.0708 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0708

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.3510) against the same month in 2017 (average: 1.2592), the exchange rate shifted by +0.0919 (+7.30%).

2018 Avg (September) 1.3510
2017 Avg (September) 1.2592

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2183 1.1958 1.2073
February 1.2543 1.2205 1.2397
March 1.2676 1.2463 1.2576
April 1.2482 1.2295 1.2404
May 1.2550 1.2417 1.2478
June 1.3067 1.2528 1.2840
July 1.3290 1.2795 1.3012
August 1.3601 1.3275 1.3467
September 1.3658 1.3354 1.3510
October 1.3368 1.2596 1.3077
November 1.2649 1.2161 1.2369
December 1.2669 1.2351 1.2511