YEARLY HIGH
14.5268 BIF
YEARLY LOW
12.8718 BIF
YEARLY AVERAGE
13.8064 BIF

2018 JMD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 14.5268. Conversely, the yearly low was recorded on September 3, dropping to 12.8718.

This high-to-low spread represents a total annual volatility of 1.6551 BIF. From a start-to-finish perspective, comparing the January average rate of 14.1961 to the December average rate of 14.1381, the exchange rate registered a net change of -0.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 14.5268 was up 2.61% compared to the 2017 peak of 14.1578, 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 72,634 BIF
2017 Average 67,149 BIF
Yearly Trough Low 64,359 BIF
Transaction Impact: A difference of 8,275.37 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

14.3429
12.9145
JanuMarcMayJulySeptNove

JMD to BIF 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 14.0171, compared to 13.5957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4214 points.

H1 Avg (Jan–Jun) 14.0171
H2 Avg (Jul–Dec) 13.5957

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.8969 BIF (High: 14.0502 / Low: 13.1532). On the other end, January was the most stable month, with a tight range of 0.2381 BIF (High: 14.3492 / Low: 14.1111).

October Spread (Volatile) ±0.8969
January Spread (Stable) ±0.2381

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 0.4341 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 14.2239) against the same month in 2017 (average: 13.9058), the exchange rate shifted by +0.3181 (+2.29%).

2018 Avg (November) 14.2239
2017 Avg (November) 13.9058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.3492 14.1111 14.1961
February 14.2319 13.9001 14.0402
March 14.1482 13.7058 13.8858
April 14.3036 14.0191 14.1986
May 14.2892 13.9033 14.1079
June 14.0518 13.3910 13.6738
July 13.7693 13.2494 13.5263
August 13.2946 12.9002 13.0955
September 13.2115 12.8718 13.0336
October 14.0502 13.1532 13.5567
November 14.5268 13.9826 14.2239
December 14.3336 13.9631 14.1381