2018 BMD to HNL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BMD to HNL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BMD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 24.4815. Conversely, the yearly low was recorded on December 5, dropping to 22.8599.
This high-to-low spread represents a total annual volatility of 1.6216 HNL. From a start-to-finish perspective, comparing the January average rate of 23.6294 to the December average rate of 24.2657, the exchange rate registered a net change of 2.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 24.4815 was up 3.13% compared to the 2017 peak of 23.7380, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BMD to HNL 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 23.7115, compared to 24.1104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3989 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 1.6216 HNL (High: 24.4815 / Low: 22.8599). On the other end, April was the most stable month, with a tight range of 0.0703 HNL (High: 23.7201 / Low: 23.6497).
Growth Streaks & Declines
TrendsBetween February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0285 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 24.2657) against the same month in 2017 (average: 23.6366), the exchange rate shifted by +0.6291 (+2.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.7726 | 23.5121 | 23.6294 |
| February | 23.6722 | 23.5194 | 23.6009 |
| March | 23.7091 | 23.5990 | 23.6284 |
| April | 23.7201 | 23.6497 | 23.6706 |
| May | 23.9035 | 23.6583 | 23.7739 |
| June | 24.0503 | 23.8046 | 23.9659 |
| July | 24.0500 | 23.8555 | 23.9809 |
| August | 24.0500 | 23.8830 | 24.0096 |
| September | 24.1101 | 24.0031 | 24.0520 |
| October | 24.1251 | 23.9524 | 24.0804 |
| November | 24.3959 | 24.0000 | 24.2737 |
| December | 24.4815 | 22.8599 | 24.2657 |