YEARLY HIGH
33.6367 JMD
YEARLY LOW
19.4640 JMD
YEARLY AVERAGE
27.3727 JMD

2018 TRY to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 33.6367. Conversely, the yearly low was recorded on August 13, dropping to 19.4640.

This high-to-low spread represents a total annual volatility of 14.1727 JMD. From a start-to-finish perspective, comparing the January average rate of 32.9336 to the December average rate of 24.0756, the exchange rate registered a net change of -26.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 33.6367 was down 11.60% compared to the 2017 peak of 38.0521, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,681,836 JMD
2017 Average 1,762,258 JMD
Yearly Trough Low 973,198 JMD
Transaction Impact: A difference of 708,637.38 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

34.3730
20.4318
JanuMarcMayJulySeptNove

TRY 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 30.9944, compared to 23.7511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.2434 points.

H1 Avg (Jan–Jun) 30.9944
H2 Avg (Jul–Dec) 23.7511

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 7.3347 JMD (High: 26.7987 / Low: 19.4640). On the other end, January was the most stable month, with a tight range of 0.6985 JMD (High: 33.2719 / Low: 32.5734).

August Spread (Volatile) ±7.3347
January Spread (Stable) ±0.6985

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 4.4338 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.4338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 33.2112) against the same month in 2017 (average: 35.1654), the exchange rate shifted by -1.9542 (-5.56%).

2018 Avg (February) 33.2112
2017 Avg (February) 35.1654

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.2719 32.5734 32.9336
February 33.6367 32.6994 33.2112
March 33.6340 31.3428 32.6879
April 31.7821 30.0522 30.7208
May 30.4111 26.5268 28.3931
June 28.7652 27.3089 28.0200
July 28.3527 26.7006 27.4550
August 26.7987 19.4640 23.0212
September 22.5136 20.6559 21.5935
October 23.8265 21.5764 22.7523
November 24.4671 23.1247 23.6089
December 24.4945 23.5050 24.0756