YEARLY HIGH
1.0124 CNY
YEARLY LOW
0.9065 CNY
YEARLY AVERAGE
0.9573 CNY

2018 BOB to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 1.0124. Conversely, the yearly low was recorded on April 11, dropping to 0.9065.

This high-to-low spread represents a total annual volatility of 0.1059 CNY. From a start-to-finish perspective, comparing the January average rate of 0.9298 to the December average rate of 0.9973, the exchange rate registered a net change of 7.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0124 was up 0.44% compared to the 2017 peak of 1.0080, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,062 CNY
2017 Average 4,870 CNY
Yearly Trough Low 4,533 CNY
Transaction Impact: A difference of 529.46 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0140
0.9025
JanuMarcMayJulySeptNove

BOB to CNY 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 0.9215, compared to 0.9932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0717 points.

H1 Avg (Jan–Jun) 0.9215
H2 Avg (Jul–Dec) 0.9932

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0361 CNY (High: 0.9474 / Low: 0.9113). On the other end, April was the most stable month, with a tight range of 0.0107 CNY (High: 0.9172 / Low: 0.9065).

January Spread (Volatile) ±0.0361
April Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0148 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.0047) against the same month in 2017 (average: 0.9538), the exchange rate shifted by +0.0509 (+5.34%).

2018 Avg (November) 1.0047
2017 Avg (November) 0.9538

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9474 0.9113 0.9298
February 0.9193 0.9069 0.9149
March 0.9203 0.9079 0.9149
April 0.9172 0.9065 0.9117
May 0.9297 0.9149 0.9218
June 0.9590 0.9245 0.9356
July 0.9899 0.9590 0.9729
August 1.0037 0.9862 0.9912
September 0.9964 0.9804 0.9913
October 1.0095 0.9938 1.0015
November 1.0124 0.9945 1.0047
December 1.0067 0.9895 0.9973