2019 GMD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GMD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GMD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 187.6205. Conversely, the yearly low was recorded on November 12, dropping to 176.1964.
This high-to-low spread represents a total annual volatility of 11.4241 GNF. From a start-to-finish perspective, comparing the January average rate of 185.0670 to the December average rate of 184.6652, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 187.6205 was down 2.15% compared to the 2018 peak of 191.7373, 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 2019.
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 185.1213, compared to 183.4160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7053 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 10.2714 GNF (High: 186.4677 / Low: 176.1964). On the other end, February was the most stable month, with a tight range of 2.3116 GNF (High: 186.2765 / Low: 183.9649).
Growth Streaks & Declines
TrendsBetween March and June, 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 July and August, when the average rate fell by 1.2532 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 185.2679) against the same month in 2018 (average: 191.4051), the exchange rate shifted by -6.1372 (-3.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 186.2487 | 183.1788 | 185.0670 |
| February | 186.2765 | 183.9649 | 185.1725 |
| March | 186.4082 | 183.1926 | 185.0557 |
| April | 186.3825 | 183.6138 | 185.0769 |
| May | 186.2765 | 183.6066 | 185.0878 |
| June | 187.6205 | 183.2122 | 185.2679 |
| July | 185.7717 | 182.9681 | 184.6472 |
| August | 184.9850 | 180.2747 | 183.3940 |
| September | 184.3325 | 180.8776 | 183.0049 |
| October | 184.3561 | 180.1758 | 182.1629 |
| November | 186.4677 | 176.1964 | 182.6215 |
| December | 186.5804 | 183.0606 | 184.6652 |