YEARLY HIGH
0.0290 SGD
YEARLY LOW
0.0268 SGD
YEARLY AVERAGE
0.0281 SGD

2018 GMD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.0290. Conversely, the yearly low was recorded on January 28, dropping to 0.0268.

This high-to-low spread represents a total annual volatility of 0.0022 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0275 to the December average rate of 0.0277, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0290 was down 14.54% compared to the 2017 peak of 0.0340, 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 145 SGD
2017 Average 151 SGD
Yearly Trough Low 134 SGD
Transaction Impact: A difference of 10.93 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0287
0.0274
JanuMarcMayJulySeptNove

GMD to SGD 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 0.0280, compared to 0.0281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0280
H2 Avg (Jul–Dec) 0.0281

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0012 SGD (High: 0.0281 / Low: 0.0268). On the other end, October was the most stable month, with a tight range of 0.0003 SGD (High: 0.0280 / Low: 0.0277).

January Spread (Volatile) ±0.0012
October Spread (Stable) ±0.0003

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 September and October, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.0286) against the same month in 2017 (average: 0.0301), the exchange rate shifted by -0.0015 (-5.08%).

2018 Avg (June) 0.0286
2017 Avg (June) 0.0301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0281 0.0268 0.0275
February 0.0282 0.0273 0.0279
March 0.0280 0.0276 0.0278
April 0.0282 0.0277 0.0279
May 0.0286 0.0282 0.0284
June 0.0290 0.0282 0.0286
July 0.0290 0.0283 0.0286
August 0.0287 0.0283 0.0285
September 0.0287 0.0277 0.0283
October 0.0280 0.0277 0.0279
November 0.0279 0.0275 0.0278
December 0.0279 0.0276 0.0277