YEARLY HIGH
0.2672 JMD
YEARLY LOW
0.2394 JMD
YEARLY AVERAGE
0.2502 JMD

2018 SYP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SYP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.2672. Conversely, the yearly low was recorded on January 11, dropping to 0.2394.

This high-to-low spread represents a total annual volatility of 0.0278 JMD. From a start-to-finish perspective, comparing the January average rate of 0.2411 to the December average rate of 0.2482, the exchange rate registered a net change of 2.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2672 was down 56.14% compared to the 2017 peak of 0.6092, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,336 JMD
2017 Average 2,309 JMD
Yearly Trough Low 1,197 JMD
Transaction Impact: A difference of 138.90 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2669
0.2388
JanuMarcMayJulySeptNove

SYP 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 0.2450, compared to 0.2554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.2450
H2 Avg (Jul–Dec) 0.2554

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0122 JMD (High: 0.2613 / Low: 0.2491). On the other end, January was the most stable month, with a tight range of 0.0029 JMD (High: 0.2423 / Low: 0.2394).

October Spread (Volatile) ±0.0122
January Spread (Stable) ±0.0029

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 0.0109 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.2645) against the same month in 2017 (average: 0.2522), the exchange rate shifted by +0.0124 (+4.90%).

2018 Avg (September) 0.2645
2017 Avg (September) 0.2522

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2423 0.2394 0.2411
February 0.2467 0.2415 0.2441
March 0.2490 0.2443 0.2470
April 0.2449 0.2413 0.2423
May 0.2466 0.2415 0.2438
June 0.2565 0.2466 0.2519
July 0.2591 0.2508 0.2543
August 0.2662 0.2593 0.2633
September 0.2672 0.2611 0.2645
October 0.2613 0.2491 0.2566
November 0.2490 0.2426 0.2457
December 0.2503 0.2459 0.2482