2018 GMD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GMD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GMD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 49.3236. Conversely, the yearly low was recorded on October 4, dropping to 45.9786.
This high-to-low spread represents a total annual volatility of 3.3450 TZS. From a start-to-finish perspective, comparing the January average rate of 46.8154 to the December average rate of 46.5459, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 49.3236 was down 5.63% compared to the 2017 peak of 52.2651, 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 TZS 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 47.8184, compared to 46.8992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9192 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 1.2900 TZS (High: 47.6190 / Low: 46.3289). On the other end, May was the most stable month, with a tight range of 0.1938 TZS (High: 48.4415 / Low: 48.2477).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.8180 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 48.2972) against the same month in 2017 (average: 48.5801), the exchange rate shifted by -0.2828 (-0.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 47.1815 | 46.1401 | 46.8154 |
| February | 47.8903 | 47.0200 | 47.6007 |
| March | 47.8804 | 47.4266 | 47.6960 |
| April | 48.5635 | 47.6482 | 48.1303 |
| May | 48.4415 | 48.2477 | 48.3709 |
| June | 49.3236 | 48.1034 | 48.2972 |
| July | 48.3032 | 47.4034 | 47.7438 |
| August | 47.6356 | 47.3308 | 47.4552 |
| September | 47.6190 | 46.3289 | 47.0633 |
| October | 46.3998 | 45.9786 | 46.2453 |
| November | 46.6712 | 46.1467 | 46.3420 |
| December | 46.8083 | 46.3770 | 46.5459 |