2018 BOB to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BOB to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BOB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 1336.5701. Conversely, the yearly low was recorded on January 20, dropping to 1292.5532.
This high-to-low spread represents a total annual volatility of 44.0169 GNF. From a start-to-finish perspective, comparing the January average rate of 1303.2956 to the December average rate of 1324.6211, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 1336.5701 was down 2.69% compared to the 2017 peak of 1373.4863, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BOB to GNF 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 1304.5094, compared to 1315.0512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.5418 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 25.3476 GNF (High: 1336.5701 / Low: 1311.2225). On the other end, February was the most stable month, with a tight range of 4.4967 GNF (High: 1306.2313 / Low: 1301.7345).
Growth Streaks & Declines
TrendsBetween August and December, 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 April and May, when the average rate fell by 0.9354 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 1319.3326) against the same month in 2017 (average: 1298.7542), the exchange rate shifted by +20.5784 (+1.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1313.5333 | 1292.5532 | 1303.2956 |
| February | 1306.2313 | 1301.7345 | 1303.3566 |
| March | 1307.3597 | 1299.8130 | 1303.4113 |
| April | 1307.9923 | 1298.8770 | 1305.5446 |
| May | 1308.2495 | 1301.0520 | 1304.6092 |
| June | 1309.0157 | 1303.7304 | 1306.8389 |
| July | 1324.5402 | 1305.9464 | 1310.8891 |
| August | 1317.0559 | 1293.1832 | 1309.9579 |
| September | 1320.5773 | 1299.8112 | 1311.0307 |
| October | 1320.2055 | 1308.9669 | 1314.4758 |
| November | 1336.5701 | 1311.2225 | 1319.3326 |
| December | 1332.7678 | 1311.1622 | 1324.6211 |