2018 ZAR to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ZAR to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ZAR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 10.9663. Conversely, the yearly low was recorded on October 31, dropping to 8.7006.
This high-to-low spread represents a total annual volatility of 2.2656 JMD. From a start-to-finish perspective, comparing the January average rate of 10.1909 to the December average rate of 8.9488, the exchange rate registered a net change of -12.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 10.9663 was up 5.42% compared to the 2017 peak of 10.4029, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
ZAR to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.2772, compared to 9.2861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9911 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 0.8425 JMD (High: 10.1088 / Low: 9.2663). On the other end, March was the most stable month, with a tight range of 0.2918 JMD (High: 10.8723 / Low: 10.5805).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 0.4279 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 10.6387) against the same month in 2017 (average: 9.7729), the exchange rate shifted by +0.8657 (+8.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.4904 | 9.9572 | 10.1909 |
| February | 10.9663 | 10.2901 | 10.6387 |
| March | 10.8723 | 10.5805 | 10.7409 |
| April | 10.6476 | 10.0167 | 10.3130 |
| May | 10.2302 | 9.8507 | 10.0211 |
| June | 10.1261 | 9.4084 | 9.7587 |
| July | 10.1294 | 9.3481 | 9.7857 |
| August | 10.1088 | 9.2663 | 9.6577 |
| September | 9.6248 | 8.8459 | 9.2514 |
| October | 9.4370 | 8.7006 | 9.0905 |
| November | 9.2536 | 8.7552 | 8.9827 |
| December | 9.2708 | 8.7412 | 8.9488 |