2018 BIF to JMD Historical Review

YEARLY HIGH

0.0777 JMD

YEARLY LOW

0.0688 JMD

YEARLY AVERAGE

0.0725 JMD

2018 BIF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BIF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 0.0777. Conversely, the yearly low was recorded on November 20, dropping to 0.0688.

This high-to-low spread represents a total annual volatility of 0.0089 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0704 to the December average rate of 0.0707, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0777 was up 0.69% compared to the 2017 peak of 0.0772, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 388 JMD

2017 Average 373 JMD

Yearly Trough Low 344 JMD

Transaction Impact: A difference of 44.26 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0774

0.0697

JanuMarcMayJulySeptNove

BIF 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 0.0714, compared to 0.0736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0714

H2 Avg (Jul–Dec) 0.0736

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0049 JMD (High: 0.0760 / Low: 0.0712). On the other end, January was the most stable month, with a tight range of 0.0012 JMD (High: 0.0709 / Low: 0.0697).

October Spread (Volatile) ±0.0049

January Spread (Stable) ±0.0012

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 0.0035 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0767) against the same month in 2017 (average: 0.0744), the exchange rate shifted by +0.0023 (+3.14%).

2018 Avg (September) 0.0767

2017 Avg (September) 0.0744

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0709	0.0697	0.0704
February	0.0719	0.0703	0.0712
March	0.0730	0.0707	0.0720
April	0.0713	0.0699	0.0704
May	0.0719	0.0700	0.0709
June	0.0747	0.0712	0.0731
July	0.0755	0.0726	0.0739
August	0.0775	0.0752	0.0764
September	0.0777	0.0757	0.0767
October	0.0760	0.0712	0.0738
November	0.0715	0.0688	0.0703
December	0.0716	0.0698	0.0707