YEARLY HIGH
2.1839 NAD
YEARLY LOW
1.6692 NAD
YEARLY AVERAGE
1.9135 NAD

2018 BOB to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 2.1839. Conversely, the yearly low was recorded on February 24, dropping to 1.6692.

This high-to-low spread represents a total annual volatility of 0.5147 NAD. From a start-to-finish perspective, comparing the January average rate of 1.7632 to the December average rate of 2.0600, the exchange rate registered a net change of 16.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.1839 was up 4.44% compared to the 2017 peak of 2.0911, 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 10,919 NAD
2017 Average 9,591 NAD
Yearly Trough Low 8,346 NAD
Transaction Impact: A difference of 2,573.55 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.1543
1.6714
JanuMarcMayJulySeptNove

BOB to NAD 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 1.7780, compared to 2.0491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2711 points.

H1 Avg (Jan–Jun) 1.7780
H2 Avg (Jul–Dec) 2.0491

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1933 NAD (High: 2.1043 / Low: 1.9109). On the other end, March was the most stable month, with a tight range of 0.0599 NAD (High: 1.7439 / Low: 1.6840).

August Spread (Volatile) ±0.1933
March Spread (Stable) ±0.0599

Growth Streaks & Declines

Trends

Between February and September, 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 October and November, when the average rate fell by 0.0577 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0577

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.1141) against the same month in 2017 (average: 1.8844), the exchange rate shifted by +0.2297 (+12.19%).

2018 Avg (September) 2.1141
2017 Avg (September) 1.8844

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8032 1.7070 1.7632
February 1.7592 1.6692 1.7117
March 1.7439 1.6840 1.7150
April 1.7996 1.7124 1.7519
May 1.8437 1.7753 1.8110
June 2.0004 1.8164 1.9152
July 2.0061 1.8974 1.9493
August 2.1043 1.9109 2.0292
September 2.1839 2.0420 2.1141
October 2.1492 2.0470 2.0998
November 2.0961 1.9823 2.0421
December 2.1074 1.9706 2.0600