YEARLY HIGH
1.1587 JMD
YEARLY LOW
0.9113 JMD
YEARLY AVERAGE
1.0655 JMD

2018 PKR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PKR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.1587. Conversely, the yearly low was recorded on December 31, dropping to 0.9113.

This high-to-low spread represents a total annual volatility of 0.2474 JMD. From a start-to-finish perspective, comparing the January average rate of 1.1223 to the December average rate of 0.9196, the exchange rate registered a net change of -18.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1587 was down 7.26% compared to the 2017 peak of 1.2493, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 579,328 JMD
2017 Average 609,387 JMD
Yearly Trough Low 455,650 JMD
Transaction Impact: A difference of 123,677.43 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1576
0.8980
JanuMarcMayJulySeptNove

PKR 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 1.1079, compared to 1.0231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0848 points.

H1 Avg (Jan–Jun) 1.1079
H2 Avg (Jul–Dec) 1.0231

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.1330 JMD (High: 1.0954 / Low: 0.9624). On the other end, January was the most stable month, with a tight range of 0.0142 JMD (High: 1.1278 / Low: 1.1136).

October Spread (Volatile) ±0.1330
January Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between April and June, 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 0.0860 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0860

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 1.1324) against the same month in 2017 (average: 1.2291), the exchange rate shifted by -0.0967 (-7.87%).

2018 Avg (March) 1.1324
2017 Avg (March) 1.2291

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1278 1.1136 1.1223
February 1.1483 1.1240 1.1359
March 1.1587 1.0873 1.1324
April 1.0901 1.0749 1.0791
May 1.0981 1.0762 1.0855
June 1.1183 1.0711 1.0924
July 1.0964 1.0167 1.0518
August 1.1194 1.0814 1.0999
September 1.1172 1.0914 1.1045
October 1.0954 0.9624 1.0184
November 0.9618 0.9301 0.9446
December 0.9445 0.9113 0.9196