YEARLY HIGH
0.6412 JMD
YEARLY LOW
0.3472 JMD
YEARLY AVERAGE
0.3633 JMD

2018 MRO to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.6412. Conversely, the yearly low was recorded on January 13, dropping to 0.3472.

This high-to-low spread represents a total annual volatility of 0.2941 JMD. From a start-to-finish perspective, comparing the January average rate of 0.3500 to the December average rate of 0.3581, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6412 was up 76.51% compared to the 2017 peak of 0.3633, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,206 JMD
2017 Average 1,783 JMD
Yearly Trough Low 1,736 JMD
Transaction Impact: A difference of 1,470.34 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3913
0.3462
JanuMarcMayJulySeptNove

MRO 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 0.3550, compared to 0.3716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0166 points.

H1 Avg (Jan–Jun) 0.3550
H2 Avg (Jul–Dec) 0.3716

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.2819 JMD (High: 0.6412 / Low: 0.3593). On the other end, January was the most stable month, with a tight range of 0.0059 JMD (High: 0.3531 / Low: 0.3472).

October Spread (Volatile) ±0.2819
January Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0331 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.3875) against the same month in 2017 (average: 0.3548), the exchange rate shifted by +0.0328 (+9.23%).

2018 Avg (October) 0.3875
2017 Avg (October) 0.3548

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3531 0.3472 0.3500
February 0.3570 0.3498 0.3537
March 0.3611 0.3534 0.3577
April 0.3549 0.3487 0.3510
May 0.3573 0.3502 0.3530
June 0.3711 0.3568 0.3646
July 0.3744 0.3625 0.3678
August 0.3845 0.3751 0.3802
September 0.3854 0.3764 0.3815
October 0.6412 0.3593 0.3875
November 0.3592 0.3500 0.3544
December 0.3610 0.3548 0.3581