2018 GMD to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GMD to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GMD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 0.6724. Conversely, the yearly low was recorded on January 22, dropping to 0.6366.
This high-to-low spread represents a total annual volatility of 0.0358 NIO. From a start-to-finish perspective, comparing the January average rate of 0.6451 to the December average rate of 0.6558, the exchange rate registered a net change of 1.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.6724 was down 2.87% compared to the 2017 peak of 0.6923, 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 NIO 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 0.6594, compared to 0.6576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 0.0154 NIO (High: 0.6660 / Low: 0.6507). On the other end, June was the most stable month, with a tight range of 0.0039 NIO (High: 0.6712 / Low: 0.6673).
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 0.0100 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 0.6649) against the same month in 2017 (average: 0.6512), the exchange rate shifted by +0.0137 (+2.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.6515 | 0.6366 | 0.6451 |
| February | 0.6628 | 0.6494 | 0.6581 |
| March | 0.6627 | 0.6543 | 0.6586 |
| April | 0.6638 | 0.6561 | 0.6607 |
| May | 0.6694 | 0.6618 | 0.6649 |
| June | 0.6712 | 0.6673 | 0.6692 |
| July | 0.6724 | 0.6595 | 0.6649 |
| August | 0.6656 | 0.6586 | 0.6627 |
| September | 0.6660 | 0.6507 | 0.6601 |
| October | 0.6535 | 0.6459 | 0.6501 |
| November | 0.6542 | 0.6468 | 0.6517 |
| December | 0.6610 | 0.6532 | 0.6558 |