YEARLY HIGH
2.1600 FJD
YEARLY LOW
1.9929 FJD
YEARLY AVERAGE
2.0822 FJD

2018 BMD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BMD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 2.1600. Conversely, the yearly low was recorded on January 29, dropping to 1.9929.

This high-to-low spread represents a total annual volatility of 0.1672 FJD. From a start-to-finish perspective, comparing the January average rate of 2.0207 to the December average rate of 2.1229, the exchange rate registered a net change of 5.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.1600 was up 1.24% compared to the 2017 peak of 2.1336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,800 FJD
2017 Average 10,296 FJD
Yearly Trough Low 9,964 FJD
Transaction Impact: A difference of 835.81 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.1575
2.0058
JanuMarcMayJulySeptNove

BMD to FJD 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 2.0447, compared to 2.1197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0750 points.

H1 Avg (Jan–Jun) 2.0447
H2 Avg (Jul–Dec) 2.1197

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0642 FJD (High: 2.0570 / Low: 1.9929). On the other end, May was the most stable month, with a tight range of 0.0291 FJD (High: 2.0913 / Low: 2.0621).

January Spread (Volatile) ±0.0642
May Spread (Stable) ±0.0291

Growth Streaks & Declines

Trends

Between June and October, 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 0.0274 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 2.1448) against the same month in 2017 (average: 2.0479), the exchange rate shifted by +0.0969 (+4.73%).

2018 Avg (October) 2.1448
2017 Avg (October) 2.0479

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0570 1.9929 2.0207
February 2.0337 1.9929 2.0184
March 2.0472 2.0073 2.0302
April 2.0707 2.0166 2.0408
May 2.0913 2.0621 2.0795
June 2.1049 2.0530 2.0786
July 2.1119 2.0812 2.0977
August 2.1354 2.0890 2.1104
September 2.1425 2.1062 2.1247
October 2.1600 2.1201 2.1448
November 2.1584 2.1017 2.1174
December 2.1462 2.0965 2.1229