YEARLY HIGH
59.5535 JMD
YEARLY LOW
54.5316 JMD
YEARLY AVERAGE
56.7064 JMD

2018 TOP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 59.5535. Conversely, the yearly low was recorded on November 18, dropping to 54.5316.

This high-to-low spread represents a total annual volatility of 5.0220 JMD. From a start-to-finish perspective, comparing the January average rate of 55.2737 to the December average rate of 56.1469, the exchange rate registered a net change of 1.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 59.5535 was up 0.55% compared to the 2017 peak of 59.2285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 297,768 JMD
2017 Average 283,259 JMD
Yearly Trough Low 272,658 JMD
Transaction Impact: A difference of 25,109.84 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

59.3480
54.7755
JanuMarcMayJulySeptNove

TOP 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 56.2667, compared to 57.1461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8793 points.

H1 Avg (Jan–Jun) 56.2667
H2 Avg (Jul–Dec) 57.1461

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 2.8217 JMD (High: 58.5012 / Low: 55.6795). On the other end, February was the most stable month, with a tight range of 1.0518 JMD (High: 57.3525 / Low: 56.3007).

October Spread (Volatile) ±2.8217
February Spread (Stable) ±1.0518

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 2.1892 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.1892

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 58.9670) against the same month in 2017 (average: 58.6985), the exchange rate shifted by +0.2685 (+0.46%).

2018 Avg (September) 58.9670
2017 Avg (September) 58.6985

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.2861 54.6529 55.2737
February 57.3525 56.3007 56.7764
March 57.7560 56.3996 57.2171
April 57.0489 55.4232 56.1170
May 56.5043 54.5784 55.4527
June 57.6804 55.4813 56.7635
July 57.7489 55.4265 56.5770
August 59.3373 57.8013 58.6832
September 59.5535 58.2416 58.9670
October 58.5012 55.6795 57.3457
November 55.7653 54.5316 55.1565
December 57.0591 55.3359 56.1469