2018 JOD to BGN Historical Review

YEARLY HIGH

2.4554 BGN

YEARLY LOW

2.2036 BGN

YEARLY AVERAGE

2.3355 BGN

2018 JOD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 2.4554. Conversely, the yearly low was recorded on February 1, dropping to 2.2036.

This high-to-low spread represents a total annual volatility of 0.2519 BGN. From a start-to-finish perspective, comparing the January average rate of 2.2596 to the December average rate of 2.4225, the exchange rate registered a net change of 7.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4554 was down 7.41% compared to the 2017 peak of 2.6521, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,277 BGN

2017 Average 12,226 BGN

Yearly Trough Low 11,018 BGN

Transaction Impact: A difference of 1,259.32 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.4452

2.2129

JanuMarcMayJulySeptNove

JOD to BGN 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 2.2776, compared to 2.3934 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1158 points.

H1 Avg (Jan–Jun) 2.2776

H2 Avg (Jul–Dec) 2.3934

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0890 BGN (High: 2.3056 / Low: 2.2166). On the other end, July was the most stable month, with a tight range of 0.0256 BGN (High: 2.3704 / Low: 2.3449).

January Spread (Volatile) ±0.0890

July Spread (Stable) ±0.0256

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0273 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 2.4258) against the same month in 2017 (average: 2.3488), the exchange rate shifted by +0.0770 (+3.28%).

2018 Avg (November) 2.4258

2017 Avg (November) 2.3488

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3056	2.2166	2.2596
February	2.2624	2.2036	2.2322
March	2.2537	2.2124	2.2365
April	2.2818	2.2241	2.2461
May	2.3860	2.2997	2.3311
June	2.3821	2.3341	2.3599
July	2.3704	2.3449	2.3579
August	2.4300	2.3535	2.3890
September	2.3855	2.3387	2.3653
October	2.4362	2.3778	2.3998
November	2.4554	2.4061	2.4258
December	2.4371	2.4058	2.4225