2018 BWP to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BWP to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BWP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 13.4385. Conversely, the yearly low was recorded on November 14, dropping to 11.7380.
This high-to-low spread represents a total annual volatility of 1.7005 JMD. From a start-to-finish perspective, comparing the January average rate of 12.7472 to the December average rate of 11.9543, the exchange rate registered a net change of -6.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 13.4385 was up 3.91% compared to the 2017 peak of 12.9326, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BWP to JMD 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 12.9104, compared to 12.4013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5090 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 0.8333 JMD (High: 12.6448 / Low: 11.8115). On the other end, December was the most stable month, with a tight range of 0.2472 JMD (High: 12.1090 / Low: 11.8618).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4916 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 13.2984) against the same month in 2017 (average: 12.4535), the exchange rate shifted by +0.8449 (+6.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.0366 | 12.4827 | 12.7472 |
| February | 13.3987 | 12.9156 | 13.1544 |
| March | 13.4385 | 13.1625 | 13.2984 |
| April | 13.1677 | 12.6685 | 12.9166 |
| May | 12.8116 | 12.5254 | 12.6581 |
| June | 12.8225 | 12.4869 | 12.6875 |
| July | 13.0337 | 12.3811 | 12.7101 |
| August | 13.0821 | 12.4064 | 12.8271 |
| September | 12.8188 | 12.3536 | 12.6311 |
| October | 12.6448 | 11.8115 | 12.3885 |
| November | 12.0509 | 11.7380 | 11.8969 |
| December | 12.1090 | 11.8618 | 11.9543 |