YEARLY HIGH
0.0962 JMD
YEARLY LOW
0.0782 JMD
YEARLY AVERAGE
0.0897 JMD

2018 MMK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 0.0962. Conversely, the yearly low was recorded on November 20, dropping to 0.0782.

This high-to-low spread represents a total annual volatility of 0.0180 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0923 to the December average rate of 0.0816, the exchange rate registered a net change of -11.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0962 was down 0.86% compared to the 2017 peak of 0.0970, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 481 JMD
2017 Average 471 JMD
Yearly Trough Low 391 JMD
Transaction Impact: A difference of 89.80 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0967
0.0776
JanuMarcMayJulySeptNove

MMK 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 0.0938, compared to 0.0856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.0938
H2 Avg (Jul–Dec) 0.0856

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0084 JMD (High: 0.0882 / Low: 0.0798). On the other end, May was the most stable month, with a tight range of 0.0014 JMD (High: 0.0938 / Low: 0.0924).

October Spread (Volatile) ±0.0084
May Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.0945) against the same month in 2017 (average: 0.0953), the exchange rate shifted by -0.0008 (-0.84%).

2018 Avg (June) 0.0945
2017 Avg (June) 0.0953

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0935 0.0916 0.0923
February 0.0952 0.0934 0.0943
March 0.0960 0.0940 0.0951
April 0.0947 0.0924 0.0936
May 0.0938 0.0924 0.0930
June 0.0962 0.0919 0.0945
July 0.0925 0.0907 0.0916
August 0.0920 0.0883 0.0905
September 0.0900 0.0834 0.0869
October 0.0882 0.0798 0.0841
November 0.0803 0.0782 0.0792
December 0.0831 0.0797 0.0816