YEARLY HIGH
0.1817 HKD
YEARLY LOW
0.1639 HKD
YEARLY AVERAGE
0.1702 HKD

2017 GMD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1817. Conversely, the yearly low was recorded on December 30, dropping to 0.1639.

This high-to-low spread represents a total annual volatility of 0.0178 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1781 to the December average rate of 0.1644, the exchange rate registered a net change of -7.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1817 was down 8.57% compared to the 2016 peak of 0.1987, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 908 HKD
2016 Average 925 HKD
Yearly Trough Low 820 HKD
Transaction Impact: A difference of 88.81 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1795
0.1630
JanuMarcMayJulySeptNove

GMD to HKD 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 0.1730, compared to 0.1674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.1730
H2 Avg (Jul–Dec) 0.1674

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0059 HKD (High: 0.1817 / Low: 0.1758). On the other end, July was the most stable month, with a tight range of 0.0004 HKD (High: 0.1699 / Low: 0.1695).

January Spread (Volatile) ±0.0059
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1781) against the same month in 2016 (average: 0.1970), the exchange rate shifted by -0.0188 (-9.55%).

2017 Avg (January) 0.1781
2016 Avg (January) 0.1970

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1817 0.1758 0.1781
February 0.1777 0.1736 0.1757
March 0.1744 0.1717 0.1736
April 0.1728 0.1714 0.1719
May 0.1710 0.1683 0.1689
June 0.1702 0.1687 0.1696
July 0.1699 0.1695 0.1697
August 0.1730 0.1689 0.1704
September 0.1704 0.1693 0.1697
October 0.1696 0.1643 0.1658
November 0.1652 0.1639 0.1647
December 0.1648 0.1639 0.1644