2018 GMD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GMD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GMD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 191.7373. Conversely, the yearly low was recorded on November 17, dropping to 181.6208.
This high-to-low spread represents a total annual volatility of 10.1165 GNF. From a start-to-finish perspective, comparing the January average rate of 187.6873 to the December average rate of 185.0735, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 191.7373 was down 13.43% compared to the 2017 peak of 221.4742, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
GMD to GNF 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 190.3222, compared to 186.1784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1438 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 5.7126 GNF (High: 189.4594 / Low: 183.7468). On the other end, June was the most stable month, with a tight range of 0.6778 GNF (High: 191.6879 / Low: 191.0100).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.2468 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 189.7214) against the same month in 2017 (average: 195.7260), the exchange rate shifted by -6.0045 (-3.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 189.7440 | 184.9188 | 187.6873 |
| February | 191.6161 | 187.9789 | 190.2786 |
| March | 190.8912 | 189.4413 | 190.4005 |
| April | 191.5265 | 189.3568 | 191.0060 |
| May | 191.6882 | 190.8397 | 191.1558 |
| June | 191.6879 | 191.0100 | 191.4051 |
| July | 191.7373 | 187.9801 | 189.7214 |
| August | 189.1695 | 185.4696 | 188.0817 |
| September | 189.4594 | 183.7468 | 186.7890 |
| October | 184.3276 | 182.0118 | 183.5422 |
| November | 185.4733 | 181.6208 | 183.8624 |
| December | 186.6829 | 183.5001 | 185.0735 |