YEARLY HIGH
0.1778 NOK
YEARLY LOW
0.1579 NOK
YEARLY AVERAGE
0.1692 NOK

2018 GMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1778. Conversely, the yearly low was recorded on January 28, dropping to 0.1579.

This high-to-low spread represents a total annual volatility of 0.0199 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1648 to the December average rate of 0.1746, the exchange rate registered a net change of 5.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1778 was down 12.31% compared to the 2017 peak of 0.2027, 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 889 NOK
2017 Average 903 NOK
Yearly Trough Low 789 NOK
Transaction Impact: A difference of 99.43 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1756
0.1632
JanuMarcMayJulySeptNove

GMD to NOK 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 0.1674, compared to 0.1711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.1674
H2 Avg (Jul–Dec) 0.1711

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0141 NOK (High: 0.1720 / Low: 0.1579). On the other end, July was the most stable month, with a tight range of 0.0039 NOK (High: 0.1730 / Low: 0.1692).

January Spread (Volatile) ±0.0141
July Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.1746) against the same month in 2017 (average: 0.1749), the exchange rate shifted by -0.0003 (-0.19%).

2018 Avg (December) 0.1746
2017 Avg (December) 0.1749

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1720 0.1579 0.1648
February 0.1691 0.1595 0.1655
March 0.1661 0.1620 0.1642
April 0.1700 0.1642 0.1661
May 0.1758 0.1694 0.1717
June 0.1738 0.1698 0.1720
July 0.1730 0.1692 0.1705
August 0.1761 0.1700 0.1734
September 0.1760 0.1649 0.1701
October 0.1706 0.1647 0.1669
November 0.1737 0.1687 0.1711
December 0.1778 0.1716 0.1746