YEARLY HIGH
0.1666 HKD
YEARLY LOW
0.1570 HKD
YEARLY AVERAGE
0.1630 HKD

2018 GMD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 0.1666. Conversely, the yearly low was recorded on November 28, dropping to 0.1570.

This high-to-low spread represents a total annual volatility of 0.0096 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1629 to the December average rate of 0.1581, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1666 was down 8.32% compared to the 2017 peak of 0.1817, 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 833 HKD
2017 Average 851 HKD
Yearly Trough Low 785 HKD
Transaction Impact: A difference of 48.05 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1672
0.1572
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 0.1655, compared to 0.1606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.1655
H2 Avg (Jul–Dec) 0.1606

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0049 HKD (High: 0.1635 / Low: 0.1586). On the other end, May was the most stable month, with a tight range of 0.0002 HKD (High: 0.1665 / Low: 0.1663).

September Spread (Volatile) ±0.0049
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0031 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.1662) against the same month in 2017 (average: 0.1719), the exchange rate shifted by -0.0057 (-3.34%).

2018 Avg (April) 0.1662
2017 Avg (April) 0.1719

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1643 0.1606 0.1629
February 0.1659 0.1632 0.1652
March 0.1662 0.1645 0.1657
April 0.1666 0.1656 0.1662
May 0.1665 0.1663 0.1664
June 0.1665 0.1660 0.1663
July 0.1664 0.1632 0.1645
August 0.1635 0.1629 0.1632
September 0.1635 0.1586 0.1615
October 0.1590 0.1578 0.1584
November 0.1584 0.1570 0.1580
December 0.1588 0.1576 0.1581