2018 NZD to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NZD to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NZD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 35.8376. Conversely, the yearly low was recorded on September 10, dropping to 31.3012.
This high-to-low spread represents a total annual volatility of 4.5364 GMD. From a start-to-finish perspective, comparing the January average rate of 34.8218 to the December average rate of 33.6626, the exchange rate registered a net change of -3.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 35.8376 was up 3.52% compared to the 2017 peak of 34.6199, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NZD 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 33.9040, compared to 32.6653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2387 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 2.0858 GMD (High: 35.8376 / Low: 33.7518). On the other end, March was the most stable month, with a tight range of 0.5597 GMD (High: 34.6239 / Low: 34.0642).
Growth Streaks & Declines
TrendsBetween September and December, 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 April and May, when the average rate fell by 1.3943 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 34.8218) against the same month in 2017 (average: 31.0144), the exchange rate shifted by +3.8074 (+12.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.8376 | 33.7518 | 34.8218 |
| February | 35.4587 | 34.0315 | 34.5779 |
| March | 34.6239 | 34.0642 | 34.3115 |
| April | 34.8557 | 33.1761 | 34.1837 |
| May | 33.1865 | 32.3830 | 32.7894 |
| June | 33.2278 | 31.8289 | 32.7401 |
| July | 32.8732 | 31.6744 | 32.3928 |
| August | 32.6539 | 31.5727 | 32.0566 |
| September | 32.7424 | 31.3012 | 32.0259 |
| October | 32.6392 | 31.9002 | 32.2826 |
| November | 34.2355 | 32.8956 | 33.5714 |
| December | 34.3485 | 33.0338 | 33.6626 |