YEARLY HIGH
93.7650 JMD
YEARLY LOW
83.8449 JMD
YEARLY AVERAGE
89.1604 JMD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 468,825 JMD
2017 Average 456,112 JMD
Yearly Trough Low 419,224 JMD
Transaction Impact: A difference of 49,600.52 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

92.9144
85.0754
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 90.2975
H2 Avg (Jul–Dec) 88.0233

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±4.8899
September Spread (Stable) ±2.0569

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 3.6512 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.6512

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (March) 92.2612
2017 Avg (March) 90.1346

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