YEARLY HIGH
100.6506 JMD
YEARLY LOW
90.9165 JMD
YEARLY AVERAGE
95.5264 JMD

2018 SGD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 100.6506. Conversely, the yearly low was recorded on November 20, dropping to 90.9165.

This high-to-low spread represents a total annual volatility of 9.7341 JMD. From a start-to-finish perspective, comparing the January average rate of 93.9720 to the December average rate of 93.2506, the exchange rate registered a net change of -0.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 100.6506 was up 3.51% compared to the 2017 peak of 97.2364, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 503,253 JMD
2017 Average 464,819 JMD
Yearly Trough Low 454,582 JMD
Transaction Impact: A difference of 48,670.66 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

100.0874
91.2893
JanuMarcMayJulySeptNove

SGD 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 95.1222, compared to 95.9305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8083 points.

H1 Avg (Jan–Jun) 95.1222
H2 Avg (Jul–Dec) 95.9305

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 5.2086 JMD (High: 97.8034 / Low: 92.5949). On the other end, December was the most stable month, with a tight range of 1.6240 JMD (High: 94.0102 / Low: 92.3862).

October Spread (Volatile) ±5.2086
December Spread (Stable) ±1.6240

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 October and November, when the average rate fell by 3.7818 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.7818

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 99.0474) against the same month in 2017 (average: 93.8686), the exchange rate shifted by +5.1787 (+5.52%).

2018 Avg (August) 99.0474
2017 Avg (August) 93.8686

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 95.2652 92.5597 93.9720
February 96.1727 93.9127 95.2434
March 97.8294 95.8302 96.7242
April 96.1240 93.9531 94.8247
May 94.8535 92.7180 93.7719
June 97.2357 94.9041 96.1974
July 97.9918 94.4932 96.1044
August 100.6506 98.0443 99.0474
September 100.2592 98.4126 99.3542
October 97.8034 92.5949 95.8042
November 93.2932 90.9165 92.0224
December 94.0102 92.3862 93.2506