YEARLY HIGH
33.4595 JMD
YEARLY LOW
29.7993 JMD
YEARLY AVERAGE
31.9460 JMD

2018 MYR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MYR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 33.4595. Conversely, the yearly low was recorded on November 18, dropping to 29.7993.

This high-to-low spread represents a total annual volatility of 3.6602 JMD. From a start-to-finish perspective, comparing the January average rate of 31.4058 to the December average rate of 30.6436, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 33.4595 was up 7.08% compared to the 2017 peak of 31.2464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 669,190 JMD
2017 Average 597,208 JMD
Yearly Trough Low 595,985 JMD
Transaction Impact: A difference of 73,204.95 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

33.4106
29.9636
JanuMarcMayJulySeptNove

MYR 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 32.0478, compared to 31.8443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2035 points.

H1 Avg (Jan–Jun) 32.0478
H2 Avg (Jul–Dec) 31.8443

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 1.8263 JMD (High: 32.4962 / Low: 30.6699). On the other end, March was the most stable month, with a tight range of 0.5271 JMD (High: 32.8020 / Low: 32.2749).

October Spread (Volatile) ±1.8263
March Spread (Stable) ±0.5271

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 1.5294 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.5294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 33.1233) against the same month in 2017 (average: 29.8168), the exchange rate shifted by +3.3066 (+11.09%).

2018 Avg (August) 33.1233
2017 Avg (August) 29.8168

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.1242 30.6097 31.4058
February 32.4349 31.6863 32.1292
March 32.8020 32.2749 32.5837
April 32.5975 31.7725 32.1007
May 31.8940 30.8980 31.6265
June 32.9827 31.8534 32.4409
July 33.0286 31.9493 32.3497
August 33.4595 32.8420 33.1233
September 33.3108 32.5395 32.9178
October 32.4962 30.6699 31.7803
November 30.7940 29.7993 30.2509
December 30.9084 30.3213 30.6436