YEARLY HIGH
2570.4044 BIF
YEARLY LOW
2463.4192 BIF
YEARLY AVERAGE
2505.3628 BIF

2018 JOD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 2570.4044. Conversely, the yearly low was recorded on January 14, dropping to 2463.4192.

This high-to-low spread represents a total annual volatility of 106.9853 BIF. From a start-to-finish perspective, comparing the January average rate of 2484.6810 to the December average rate of 2546.7721, the exchange rate registered a net change of 2.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2570.4044 was up 2.90% compared to the 2017 peak of 2497.8808, 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 12,852,022 BIF
2017 Average 12,145,995 BIF
Yearly Trough Low 12,317,096 BIF
Transaction Impact: A difference of 534,926.33 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2552.9812
2478.4719
JanuMarcMayJulySeptNove

JOD 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 2492.6476, compared to 2518.0780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.4304 points.

H1 Avg (Jan–Jun) 2492.6476
H2 Avg (Jul–Dec) 2518.0780

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 66.7367 BIF (High: 2559.5382 / Low: 2492.8015). On the other end, September was the most stable month, with a tight range of 24.9756 BIF (High: 2517.2550 / Low: 2492.2794).

November Spread (Volatile) ±66.7367
September Spread (Stable) ±24.9756

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 2.0532 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2546.7721) against the same month in 2017 (average: 2479.6672), the exchange rate shifted by +67.1049 (+2.71%).

2018 Avg (December) 2546.7721
2017 Avg (December) 2479.6672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2497.8808 2463.4192 2484.6810
February 2503.5226 2477.4306 2487.7901
March 2511.9852 2475.2617 2490.5862
April 2513.0267 2479.6660 2497.2930
May 2523.2378 2477.4216 2497.1048
June 2517.2550 2474.4838 2498.4307
July 2516.5503 2474.6205 2496.3775
August 2517.2550 2484.5568 2502.1072
September 2517.2550 2492.2794 2501.8542
October 2558.8334 2494.2050 2524.7363
November 2559.5382 2492.8015 2536.6208
December 2570.4044 2516.5946 2546.7721