YEARLY HIGH
2.8326 PKR
YEARLY LOW
2.2714 PKR
YEARLY AVERAGE
2.5245 PKR

2018 GMD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 2.8326. Conversely, the yearly low was recorded on January 28, dropping to 2.2714.

This high-to-low spread represents a total annual volatility of 0.5611 PKR. From a start-to-finish perspective, comparing the January average rate of 2.3057 to the December average rate of 2.8105, the exchange rate registered a net change of 21.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.8326 was up 15.49% compared to the 2017 peak of 2.4527, 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 14,163 PKR
2017 Average 11,497 PKR
Yearly Trough Low 11,357 PKR
Transaction Impact: A difference of 2,805.73 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.8610
2.2552
JanuMarcMayJulySeptNove

GMD to PKR 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 2.4062, compared to 2.6428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2366 points.

H1 Avg (Jan–Jun) 2.4062
H2 Avg (Jul–Dec) 2.6428

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.2216 PKR (High: 2.7007 / Low: 2.4791). On the other end, May was the most stable month, with a tight range of 0.0072 PKR (High: 2.4568 / Low: 2.4497).

October Spread (Volatile) ±0.2216
May Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0489 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0489

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.8105) against the same month in 2017 (average: 2.2870), the exchange rate shifted by +0.5235 (+22.89%).

2018 Avg (December) 2.8105
2017 Avg (December) 2.2870

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3309 2.2714 2.3057
February 2.3514 2.3089 2.3378
March 2.4419 2.3294 2.3757
April 2.4571 2.4387 2.4488
May 2.4568 2.4497 2.4528
June 2.5826 2.4497 2.5167
July 2.6921 2.5290 2.6115
August 2.5806 2.5419 2.5627
September 2.5712 2.5024 2.5416
October 2.7007 2.4791 2.6269
November 2.7175 2.6805 2.7036
December 2.8326 2.7112 2.8105