YEARLY HIGH
0.0852 BWP
YEARLY LOW
0.0744 BWP
YEARLY AVERAGE
0.0791 BWP

2018 JMD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.0852. Conversely, the yearly low was recorded on March 14, dropping to 0.0744.

This high-to-low spread represents a total annual volatility of 0.0108 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0785 to the December average rate of 0.0837, the exchange rate registered a net change of 6.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0852 was up 0.76% compared to the 2017 peak of 0.0846, 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 426 BWP
2017 Average 403 BWP
Yearly Trough Low 372 BWP
Transaction Impact: A difference of 53.90 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0849
0.0743
JanuMarcMayJulySeptNove

JMD to BWP 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 0.0775, compared to 0.0807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0775
H2 Avg (Jul–Dec) 0.0807

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0056 BWP (High: 0.0847 / Low: 0.0791). On the other end, March was the most stable month, with a tight range of 0.0016 BWP (High: 0.0760 / Low: 0.0744).

October Spread (Volatile) ±0.0056
March Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between August and November, 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 January and February, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0841) against the same month in 2017 (average: 0.0833), the exchange rate shifted by +0.0008 (+0.91%).

2018 Avg (November) 0.0841
2017 Avg (November) 0.0833

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0801 0.0767 0.0785
February 0.0774 0.0746 0.0760
March 0.0760 0.0744 0.0752
April 0.0789 0.0759 0.0774
May 0.0798 0.0781 0.0790
June 0.0801 0.0780 0.0788
July 0.0808 0.0767 0.0787
August 0.0806 0.0764 0.0780
September 0.0809 0.0780 0.0792
October 0.0847 0.0791 0.0808
November 0.0852 0.0830 0.0841
December 0.0843 0.0826 0.0837