2018 GMD to NZD Historical Review

YEARLY HIGH

0.0319 NZD

YEARLY LOW

0.0279 NZD

YEARLY AVERAGE

0.0301 NZD

2018 GMD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 0.0319. Conversely, the yearly low was recorded on January 28, dropping to 0.0279.

This high-to-low spread represents a total annual volatility of 0.0040 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0287 to the December average rate of 0.0297, the exchange rate registered a net change of 3.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0319 was down 5.46% compared to the 2017 peak of 0.0338, 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 160 NZD

2017 Average 154 NZD

Yearly Trough Low 140 NZD

Transaction Impact: A difference of 20.22 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0315

0.0285

JanuMarcMayJulySeptNove

GMD to NZD 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 0.0295, compared to 0.0306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0295

H2 Avg (Jul–Dec) 0.0306

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0017 NZD (High: 0.0296 / Low: 0.0279). On the other end, March was the most stable month, with a tight range of 0.0005 NZD (High: 0.0294 / Low: 0.0289).

January Spread (Volatile) ±0.0017

March Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0012 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0312) against the same month in 2017 (average: 0.0300), the exchange rate shifted by +0.0013 (+4.25%).

2018 Avg (September) 0.0312

2017 Avg (September) 0.0300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0296	0.0279	0.0287
February	0.0294	0.0282	0.0289
March	0.0294	0.0289	0.0291
April	0.0301	0.0287	0.0293
May	0.0309	0.0301	0.0305
June	0.0314	0.0301	0.0305
July	0.0316	0.0304	0.0309
August	0.0317	0.0306	0.0312
September	0.0319	0.0305	0.0312
October	0.0313	0.0306	0.0310
November	0.0304	0.0292	0.0298
December	0.0303	0.0291	0.0297