YEARLY HIGH
16.7181 JMD
YEARLY LOW
14.5641 JMD
YEARLY AVERAGE
15.8442 JMD

2018 NOK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 16.7181. Conversely, the yearly low was recorded on November 20, dropping to 14.5641.

This high-to-low spread represents a total annual volatility of 2.1541 JMD. From a start-to-finish perspective, comparing the January average rate of 15.7115 to the December average rate of 14.8082, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 16.7181 was down 0.21% compared to the 2017 peak of 16.7536, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,591 JMD
2017 Average 77,668 JMD
Yearly Trough Low 72,820 JMD
Transaction Impact: A difference of 10,770.38 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

16.6720
14.6388
JanuMarcMayJulySeptNove

NOK 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 15.9207, compared to 15.7676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1532 points.

H1 Avg (Jan–Jun) 15.9207
H2 Avg (Jul–Dec) 15.7676

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 1.2223 JMD (High: 16.4596 / Low: 15.2374). On the other end, December was the most stable month, with a tight range of 0.4316 JMD (High: 15.0086 / Low: 14.5769).

October Spread (Volatile) ±1.2223
December Spread (Stable) ±0.4316

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0752 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.0752

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 16.5025) against the same month in 2017 (average: 16.5829), the exchange rate shifted by -0.0803 (-0.48%).

2018 Avg (September) 16.5025
2017 Avg (September) 16.5829

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.1988 15.1662 15.7115
February 16.2740 15.7189 16.0449
March 16.6187 16.0022 16.3765
April 16.1315 15.5600 15.9064
May 15.6651 15.2063 15.5095
June 16.2204 15.5181 15.9757
July 16.3884 15.8362 16.1056
August 16.4712 15.9686 16.2520
September 16.7181 16.1919 16.5025
October 16.4596 15.2374 16.0061
November 15.3434 14.5641 14.9309
December 15.0086 14.5769 14.8082