2018 HNL to GMD Historical Review

YEARLY HIGH

2.1651 GMD

YEARLY LOW

1.9615 GMD

YEARLY AVERAGE

2.0112 GMD

2018 HNL to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 2.1651. Conversely, the yearly low was recorded on June 16, dropping to 1.9615.

This high-to-low spread represents a total annual volatility of 0.2036 GMD. From a start-to-finish perspective, comparing the January average rate of 2.0314 to the December average rate of 2.0392, the exchange rate registered a net change of 0.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.1651 was up 6.84% compared to the 2017 peak of 2.0265, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HNL based on timing:

Yearly Peak High 10,826 GMD

2017 Average 9,761 GMD

Yearly Trough Low 9,808 GMD

Transaction Impact: A difference of 1,018.16 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0634

1.9606

JanuMarcMayJulySeptNove

HNL to GMD 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 1.9980, compared to 2.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0264 points.

H1 Avg (Jan–Jun) 1.9980

H2 Avg (Jul–Dec) 2.0244

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.1462 GMD (High: 2.1651 / Low: 2.0189). On the other end, April was the most stable month, with a tight range of 0.0132 GMD (High: 2.0036 / Low: 1.9904).

December Spread (Volatile) ±0.1462

April Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between June and October, 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 January and February, when the average rate fell by 0.0255 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0255

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.0392) against the same month in 2017 (average: 2.0107), the exchange rate shifted by +0.0285 (+1.42%).

2018 Avg (December) 2.0392

2017 Avg (December) 2.0107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0641	2.0023	2.0314
February	2.0283	1.9918	2.0058
March	2.0119	1.9977	2.0023
April	2.0036	1.9904	1.9951
May	1.9936	1.9725	1.9840
June	1.9836	1.9615	1.9692
July	2.0067	1.9645	1.9892
August	2.0108	1.9976	2.0036
September	2.0474	1.9958	2.0181
October	2.0678	2.0439	2.0549
November	2.0669	2.0297	2.0412
December	2.1651	2.0189	2.0392