2018 BGN to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BGN to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BGN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 81.8949. Conversely, the yearly low was recorded on November 27, dropping to 72.6394.
This high-to-low spread represents a total annual volatility of 9.2555 JMD. From a start-to-finish perspective, comparing the January average rate of 77.4742 to the December average rate of 74.3619, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 81.8949 was up 2.30% compared to the 2017 peak of 80.0544, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BGN 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 78.1243, compared to 77.4912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6331 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 5.0756 JMD (High: 79.4224 / Low: 74.3469). On the other end, December was the most stable month, with a tight range of 1.9718 JMD (High: 75.3105 / Low: 73.3387).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.1165 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 79.9898) against the same month in 2017 (average: 77.1959), the exchange rate shifted by +2.7939 (+3.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 79.1417 | 75.5734 | 77.4742 |
| February | 80.3356 | 78.3402 | 79.3835 |
| March | 81.1524 | 79.1619 | 80.2037 |
| April | 79.2805 | 76.9960 | 78.3107 |
| May | 76.6653 | 74.4881 | 75.9373 |
| June | 78.6092 | 75.7149 | 77.4365 |
| July | 79.7992 | 76.9164 | 78.2800 |
| August | 81.8949 | 78.6790 | 79.9898 |
| September | 81.8412 | 79.8519 | 81.1579 |
| October | 79.4224 | 74.3469 | 77.6371 |
| November | 74.7773 | 72.6394 | 73.5206 |
| December | 75.3105 | 73.3387 | 74.3619 |