2018 NGN to JMD Historical Review

YEARLY HIGH

0.3826 JMD

YEARLY LOW

0.3423 JMD

YEARLY AVERAGE

0.3567 JMD

2018 NGN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.3826. Conversely, the yearly low was recorded on January 11, dropping to 0.3423.

This high-to-low spread represents a total annual volatility of 0.0403 JMD. From a start-to-finish perspective, comparing the January average rate of 0.3449 to the December average rate of 0.3512, the exchange rate registered a net change of 1.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3826 was down 9.58% compared to the 2017 peak of 0.4231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 382,568 JMD

2017 Average 386,294 JMD

Yearly Trough Low 342,299 JMD

Transaction Impact: A difference of 40,269.21 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3794

0.3417

JanuMarcMayJulySeptNove

NGN 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 0.3504, compared to 0.3630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.3504

H2 Avg (Jul–Dec) 0.3630

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0182 JMD (High: 0.3711 / Low: 0.3529). On the other end, January was the most stable month, with a tight range of 0.0045 JMD (High: 0.3468 / Low: 0.3423).

October Spread (Volatile) ±0.0182

January Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between April and September, 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 0.0157 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.3763) against the same month in 2017 (average: 0.3621), the exchange rate shifted by +0.0142 (+3.92%).

2018 Avg (September) 0.3763

2017 Avg (September) 0.3621

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3468	0.3423	0.3449
February	0.3521	0.3454	0.3487
March	0.3561	0.3495	0.3532
April	0.3511	0.3457	0.3468
May	0.3526	0.3461	0.3487
June	0.3671	0.3518	0.3600
July	0.3701	0.3585	0.3632
August	0.3794	0.3698	0.3756
September	0.3826	0.3699	0.3763
October	0.3711	0.3529	0.3638
November	0.3531	0.3428	0.3481
December	0.3540	0.3465	0.3512