YEARLY HIGH
2.3389 JMD
YEARLY LOW
2.0287 JMD
YEARLY AVERAGE
2.1400 JMD

2018 MZN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 2.3389. Conversely, the yearly low was recorded on March 28, dropping to 2.0287.

This high-to-low spread represents a total annual volatility of 0.3101 JMD. From a start-to-finish perspective, comparing the January average rate of 2.1023 to the December average rate of 2.0958, the exchange rate registered a net change of -0.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3389 was up 7.22% compared to the 2017 peak of 2.1813, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,694 JMD
2017 Average 10,024 JMD
Yearly Trough Low 10,144 JMD
Transaction Impact: A difference of 1,550.72 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3347
2.0305
JanuMarcMayJulySeptNove

MZN 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 2.0902, compared to 2.1897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0995 points.

H1 Avg (Jan–Jun) 2.0902
H2 Avg (Jul–Dec) 2.1897

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.1318 JMD (High: 2.2928 / Low: 2.1610). On the other end, March was the most stable month, with a tight range of 0.0454 JMD (High: 2.0741 / Low: 2.0287).

July Spread (Volatile) ±0.1318
March Spread (Stable) ±0.0454

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1023 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 2.3094) against the same month in 2017 (average: 2.0901), the exchange rate shifted by +0.2193 (+10.49%).

2018 Avg (August) 2.3094
2017 Avg (August) 2.0901

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1244 2.0659 2.1023
February 2.1003 2.0402 2.0633
March 2.0741 2.0287 2.0559
April 2.0918 2.0302 2.0565
May 2.1232 2.0656 2.0864
June 2.2233 2.1257 2.1769
July 2.2928 2.1610 2.2200
August 2.3389 2.2796 2.3094
September 2.2932 2.2208 2.2528
October 2.2200 2.1116 2.1812
November 2.1125 2.0539 2.0789
December 2.1170 2.0692 2.0958