YEARLY HIGH
0.0137 BAM
YEARLY LOW
0.0119 BAM
YEARLY AVERAGE
0.0129 BAM

2018 JMD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.0137. Conversely, the yearly low was recorded on September 3, dropping to 0.0119.

This high-to-low spread represents a total annual volatility of 0.0018 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0134, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0137 was down 6.02% compared to the 2017 peak of 0.0146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69 BAM
2017 Average 68 BAM
Yearly Trough Low 60 BAM
Transaction Impact: A difference of 9.06 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0137
0.0122
JanuMarcMayJulySeptNove

JMD to BAM 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 0.0128, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0128
H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0010 BAM (High: 0.0134 / Low: 0.0125). On the other end, March was the most stable month, with a tight range of 0.0003 BAM (High: 0.0126 / Low: 0.0123).

October Spread (Volatile) ±0.0010
March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0136) against the same month in 2017 (average: 0.0132), the exchange rate shifted by +0.0004 (+2.75%).

2018 Avg (November) 0.0136
2017 Avg (November) 0.0132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0126 0.0129
February 0.0128 0.0124 0.0126
March 0.0126 0.0123 0.0125
April 0.0130 0.0126 0.0128
May 0.0134 0.0130 0.0132
June 0.0132 0.0127 0.0129
July 0.0130 0.0123 0.0128
August 0.0127 0.0122 0.0125
September 0.0124 0.0119 0.0123
October 0.0134 0.0125 0.0129
November 0.0137 0.0131 0.0136
December 0.0136 0.0133 0.0134