YEARLY HIGH
37.7858 JMD
YEARLY LOW
33.8631 JMD
YEARLY AVERAGE
35.3946 JMD

2018 QAR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the QAR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 37.7858. Conversely, the yearly low was recorded on January 11, dropping to 33.8631.

This high-to-low spread represents a total annual volatility of 3.9227 JMD. From a start-to-finish perspective, comparing the January average rate of 34.1189 to the December average rate of 35.0600, the exchange rate registered a net change of 2.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 37.7858 was up 5.38% compared to the 2017 peak of 35.8551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 188,929 JMD
2017 Average 174,519 JMD
Yearly Trough Low 169,315 JMD
Transaction Impact: A difference of 19,613.54 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

37.7447
33.7892
JanuMarcMayJulySeptNove

QAR 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 34.6613, compared to 36.1279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4666 points.

H1 Avg (Jan–Jun) 34.6613
H2 Avg (Jul–Dec) 36.1279

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 1.7255 JMD (High: 36.9569 / Low: 35.2314). On the other end, January was the most stable month, with a tight range of 0.4096 JMD (High: 34.2727 / Low: 33.8631).

October Spread (Volatile) ±1.7255
January Spread (Stable) ±0.4096

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.5464 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.5464

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 37.4151) against the same month in 2017 (average: 35.0789), the exchange rate shifted by +2.3362 (+6.66%).

2018 Avg (September) 37.4151
2017 Avg (September) 35.0789

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.2727 33.8631 34.1189
February 34.8885 34.1547 34.5260
March 35.2084 34.5477 34.9342
April 34.6388 34.1346 34.2725
May 34.8833 34.1922 34.4921
June 36.2801 34.8841 35.6241
July 36.6468 35.4926 35.9695
August 37.6731 36.6800 37.2496
September 37.7858 36.9069 37.4151
October 36.9569 35.2314 36.3098
November 35.2170 34.3315 34.7633
December 35.3966 34.6994 35.0600