2018 GBP to CNY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GBP to CNY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GBP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 9.1435. Conversely, the yearly low was recorded on May 27, dropping to 8.4772.
This high-to-low spread represents a total annual volatility of 0.6664 CNY. From a start-to-finish perspective, comparing the January average rate of 8.8793 to the December average rate of 8.7318, the exchange rate registered a net change of -1.66% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 9.1435 was up 1.85% compared to the 2017 peak of 8.9772, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GBP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
GBP to CNY Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.7627, compared to 8.8812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1184 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 0.3054 CNY (High: 9.0854 / Low: 8.7800). On the other end, May was the most stable month, with a tight range of 0.1633 CNY (High: 8.6404 / Low: 8.4772).
Growth Streaks & Declines
TrendsBetween May and July, 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 April and May, when the average rate fell by 0.2788 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 9.0076) against the same month in 2017 (average: 8.7496), the exchange rate shifted by +0.2580 (+2.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.0584 | 8.7876 | 8.8793 |
| February | 8.9874 | 8.6940 | 8.8330 |
| March | 8.9440 | 8.7552 | 8.8328 |
| April | 9.0010 | 8.7212 | 8.8569 |
| May | 8.6404 | 8.4772 | 8.5781 |
| June | 8.7459 | 8.4831 | 8.5963 |
| July | 8.9528 | 8.7515 | 8.8484 |
| August | 8.9555 | 8.7421 | 8.8099 |
| September | 9.0854 | 8.7800 | 8.9397 |
| October | 9.1435 | 8.8538 | 9.0076 |
| November | 9.0848 | 8.8501 | 8.9496 |
| December | 8.8745 | 8.6197 | 8.7318 |