2018 MYR to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |