YEARLY HIGH
19.9031 JMD
YEARLY LOW
17.8578 JMD
YEARLY AVERAGE
18.6520 JMD

2018 BOB to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 19.9031. Conversely, the yearly low was recorded on January 20, dropping to 17.8578.

This high-to-low spread represents a total annual volatility of 2.0453 JMD. From a start-to-finish perspective, comparing the January average rate of 17.9687 to the December average rate of 18.4985, the exchange rate registered a net change of 2.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 19.9031 was up 5.61% compared to the 2017 peak of 18.8454, 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 99,515 JMD
2017 Average 92,475 JMD
Yearly Trough Low 89,289 JMD
Transaction Impact: A difference of 10,226.29 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

19.8756
17.7953
JanuMarcMayJulySeptNove

BOB 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 18.2609, compared to 19.0432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7823 points.

H1 Avg (Jan–Jun) 18.2609
H2 Avg (Jul–Dec) 19.0432

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.9726 JMD (High: 19.5351 / Low: 18.5626). On the other end, January was the most stable month, with a tight range of 0.1812 JMD (High: 18.0390 / Low: 17.8578).

October Spread (Volatile) ±0.9726
January Spread (Stable) ±0.1812

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 0.8062 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 19.7022) against the same month in 2017 (average: 18.6019), the exchange rate shifted by +1.1003 (+5.92%).

2018 Avg (September) 19.7022
2017 Avg (September) 18.6019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.0390 17.8578 17.9687
February 18.3884 17.9985 18.1904
March 18.5596 18.2025 18.4072
April 18.2518 17.9937 18.0618
May 18.3933 18.0311 18.1713
June 19.1147 18.3200 18.7659
July 19.3159 18.7093 18.9709
August 19.9027 19.3091 19.6315
September 19.9031 19.4695 19.7022
October 19.5351 18.5626 19.1311
November 18.5740 18.2217 18.3250
December 18.6598 18.3023 18.4985