2018 NOK to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NOK to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NOK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 6.3342. Conversely, the yearly low was recorded on December 27, dropping to 5.6256.
This high-to-low spread represents a total annual volatility of 0.7086 GMD. From a start-to-finish perspective, comparing the January average rate of 6.0730 to the December average rate of 5.7298, the exchange rate registered a net change of -5.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 6.3342 was up 5.30% compared to the 2017 peak of 6.0155, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NOK to GMD 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 5.9772, compared to 5.8466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1305 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.5196 GMD (High: 6.3342 / Low: 5.8146). On the other end, July was the most stable month, with a tight range of 0.1319 GMD (High: 5.9106 / Low: 5.7788).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1943 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 6.0730) against the same month in 2017 (average: 5.1454), the exchange rate shifted by +0.9276 (+18.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.3342 | 5.8146 | 6.0730 |
| February | 6.2709 | 5.9136 | 6.0422 |
| March | 6.1738 | 6.0200 | 6.0904 |
| April | 6.0891 | 5.8841 | 6.0195 |
| May | 5.9031 | 5.6868 | 5.8252 |
| June | 5.8888 | 5.7532 | 5.8126 |
| July | 5.9106 | 5.7788 | 5.8663 |
| August | 5.8807 | 5.6784 | 5.7661 |
| September | 6.0631 | 5.6830 | 5.8803 |
| October | 6.0728 | 5.8633 | 5.9911 |
| November | 5.9268 | 5.7573 | 5.8463 |
| December | 5.8287 | 5.6256 | 5.7298 |