YEARLY HIGH
364.8560 JMD
YEARLY LOW
327.0234 JMD
YEARLY AVERAGE
341.6117 JMD

2018 BHD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BHD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 364.8560. Conversely, the yearly low was recorded on January 11, dropping to 327.0234.

This high-to-low spread represents a total annual volatility of 37.8326 JMD. From a start-to-finish perspective, comparing the January average rate of 329.5024 to the December average rate of 339.1759, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 364.8560 was up 5.10% compared to the 2017 peak of 347.1412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,824,280 JMD
2017 Average 1,701,272 JMD
Yearly Trough Low 1,635,117 JMD
Transaction Impact: A difference of 189,163.23 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

364.5592
326.3154
JanuMarcMayJulySeptNove

BHD 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 334.5360, compared to 348.6875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.1515 points.

H1 Avg (Jan–Jun) 334.5360
H2 Avg (Jul–Dec) 348.6875

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 16.9990 JMD (High: 357.3800 / Low: 340.3810). On the other end, January was the most stable month, with a tight range of 4.1250 JMD (High: 331.1483 / Low: 327.0234).

October Spread (Volatile) ±16.9990
January Spread (Stable) ±4.1250

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 14.8678 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -14.8678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 361.3722) against the same month in 2017 (average: 344.4178), the exchange rate shifted by +16.9544 (+4.92%).

2018 Avg (September) 361.3722
2017 Avg (September) 344.4178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 331.1483 327.0234 329.5024
February 336.9998 329.8996 333.4588
March 340.0576 333.6362 337.4171
April 334.4919 329.5768 330.9952
May 336.4211 330.1680 332.8501
June 349.5650 336.1844 342.9924
July 353.0523 340.0546 345.7481
August 363.4553 353.1189 359.3008
September 364.8560 356.9858 361.3722
October 357.3800 340.3810 350.6978
November 340.2681 331.5994 335.8300
December 341.9183 335.9521 339.1759