YEARLY HIGH
0.1894 JMD
YEARLY LOW
0.1619 JMD
YEARLY AVERAGE
0.1767 JMD

2018 MWK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MWK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.1894. Conversely, the yearly low was recorded on June 12, dropping to 0.1619.

This high-to-low spread represents a total annual volatility of 0.0275 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1713 to the December average rate of 0.1709, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1894 was up 4.81% compared to the 2017 peak of 0.1807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 947 JMD
2017 Average 884 JMD
Yearly Trough Low 809 JMD
Transaction Impact: A difference of 137.46 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1890
0.1693
JanuMarcMayJulySeptNove

MWK 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 0.1732, compared to 0.1802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.1732
H2 Avg (Jul–Dec) 0.1802

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0208 JMD (High: 0.1827 / Low: 0.1619). On the other end, January was the most stable month, with a tight range of 0.0026 JMD (High: 0.1727 / Low: 0.1701).

June Spread (Volatile) ±0.0208
January Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0078 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.1866) against the same month in 2017 (average: 0.1761), the exchange rate shifted by +0.0105 (+5.98%).

2018 Avg (August) 0.1866
2017 Avg (August) 0.1761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1727 0.1701 0.1713
February 0.1752 0.1713 0.1733
March 0.1771 0.1734 0.1754
April 0.1738 0.1686 0.1720
May 0.1764 0.1666 0.1741
June 0.1827 0.1619 0.1730
July 0.1841 0.1779 0.1803
August 0.1894 0.1838 0.1866
September 0.1892 0.1851 0.1874
October 0.1851 0.1764 0.1818
November 0.1765 0.1719 0.1741
December 0.1752 0.1634 0.1709