2018 NZD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NZD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NZD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 93.7650. Conversely, the yearly low was recorded on October 31, dropping to 83.8449.
This high-to-low spread represents a total annual volatility of 9.9201 JMD. From a start-to-finish perspective, comparing the January average rate of 90.0929 to the December average rate of 86.9991, the exchange rate registered a net change of -3.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 93.7650 was down 2.47% compared to the 2017 peak of 96.1391, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NZD 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 90.2975, compared to 88.0233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2741 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 4.8899 JMD (High: 88.7348 / Low: 83.8449). On the other end, September was the most stable month, with a tight range of 2.0569 JMD (High: 90.9410 / Low: 88.8841).
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 September and October, when the average rate fell by 3.6512 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 92.2612) against the same month in 2017 (average: 90.1346), the exchange rate shifted by +2.1265 (+2.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 91.6623 | 87.8964 | 90.0929 |
| February | 93.1368 | 90.3560 | 91.8228 |
| March | 93.7650 | 90.7257 | 92.2612 |
| April | 92.2897 | 87.7314 | 90.3294 |
| May | 88.9150 | 86.0594 | 87.3014 |
| June | 91.0940 | 88.0471 | 89.9770 |
| July | 90.9573 | 86.8009 | 88.9333 |
| August | 91.9003 | 88.8112 | 90.3545 |
| September | 90.9410 | 88.8841 | 89.8879 |
| October | 88.7348 | 83.8449 | 86.2367 |
| November | 87.1210 | 84.8328 | 85.7287 |
| December | 88.0037 | 85.6725 | 86.9991 |