YEARLY HIGH
1.2359 JMD
YEARLY LOW
1.0838 JMD
YEARLY AVERAGE
1.1798 JMD

2018 NPR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NPR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.2359. Conversely, the yearly low was recorded on October 31, dropping to 1.0838.

This high-to-low spread represents a total annual volatility of 0.1520 JMD. From a start-to-finish perspective, comparing the January average rate of 1.2200 to the December average rate of 1.1312, the exchange rate registered a net change of -7.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2359 was down 3.12% compared to the 2017 peak of 1.2757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,179 JMD
2017 Average 6,162 JMD
Yearly Trough Low 5,419 JMD
Transaction Impact: A difference of 760.17 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.2349
1.0887
JanuMarcMayJulySeptNove

NPR 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 1.2018, compared to 1.1578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0440 points.

H1 Avg (Jan–Jun) 1.2018
H2 Avg (Jul–Dec) 1.1578

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0671 JMD (High: 1.1510 / Low: 1.0838). On the other end, January was the most stable month, with a tight range of 0.0159 JMD (High: 1.2270 / Low: 1.2112).

October Spread (Volatile) ±0.0671
January Spread (Stable) ±0.0159

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 September and October, when the average rate fell by 0.0594 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0594

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 1.2227) against the same month in 2017 (average: 1.2214), the exchange rate shifted by +0.0013 (+0.11%).

2018 Avg (March) 1.2227
2017 Avg (March) 1.2214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2270 1.2112 1.2200
February 1.2311 1.2140 1.2205
March 1.2359 1.2058 1.2227
April 1.2116 1.1660 1.1879
May 1.1772 1.1523 1.1632
June 1.2128 1.1793 1.1963
July 1.2140 1.1750 1.1920
August 1.2300 1.2031 1.2184
September 1.2095 1.1601 1.1818
October 1.1510 1.0838 1.1224
November 1.1370 1.0864 1.1009
December 1.1509 1.1089 1.1312