YEARLY HIGH
0.0560 BOB
YEARLY LOW
0.0502 BOB
YEARLY AVERAGE
0.0537 BOB

2018 JMD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0560. Conversely, the yearly low was recorded on September 4, dropping to 0.0502.

This high-to-low spread represents a total annual volatility of 0.0058 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0557 to the December average rate of 0.0541, the exchange rate registered a net change of -2.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0560 was up 0.54% compared to the 2017 peak of 0.0557, 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 280 BOB
2017 Average 270 BOB
Yearly Trough Low 251 BOB
Transaction Impact: A difference of 28.77 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0561
0.0503
JanuMarcMayJulySeptNove

JMD to BOB 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 0.0548, compared to 0.0526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0548
H2 Avg (Jul–Dec) 0.0526

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0027 BOB (High: 0.0539 / Low: 0.0512). On the other end, January was the most stable month, with a tight range of 0.0006 BOB (High: 0.0560 / Low: 0.0554).

October Spread (Volatile) ±0.0027
January Spread (Stable) ±0.0006

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 July and August, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0557) against the same month in 2017 (average: 0.0537), the exchange rate shifted by +0.0019 (+3.61%).

2018 Avg (January) 0.0557
2017 Avg (January) 0.0537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0560 0.0554 0.0557
February 0.0556 0.0544 0.0550
March 0.0549 0.0539 0.0543
April 0.0556 0.0548 0.0554
May 0.0555 0.0544 0.0550
June 0.0546 0.0523 0.0533
July 0.0534 0.0518 0.0527
August 0.0518 0.0502 0.0509
September 0.0514 0.0502 0.0508
October 0.0539 0.0512 0.0523
November 0.0549 0.0538 0.0546
December 0.0546 0.0536 0.0541