YEARLY HIGH
37.4967 GMD
YEARLY LOW
32.8874 GMD
YEARLY AVERAGE
34.5781 GMD

2023 ANG to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 37.4967. Conversely, the yearly low was recorded on June 13, dropping to 32.8874.

This high-to-low spread represents a total annual volatility of 4.6093 GMD. From a start-to-finish perspective, comparing the January average rate of 34.4151 to the December average rate of 37.3332, the exchange rate registered a net change of 8.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 37.4967 was up 8.19% compared to the 2022 peak of 34.6581, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 187,484 GMD
2022 Average 153,689 GMD
Yearly Trough Low 164,437 GMD
Transaction Impact: A difference of 23,046.71 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.7656
32.5765
JanuMarcMayJulySeptNove

ANG 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 33.8270, compared to 35.3292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5022 points.

H1 Avg (Jan–Jun) 33.8270
H2 Avg (Jul–Dec) 35.3292

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 2.6034 GMD (High: 36.0938 / Low: 33.4903). On the other end, June was the most stable month, with a tight range of 0.3317 GMD (High: 33.2191 / Low: 32.8874).

September Spread (Volatile) ±2.6034
June Spread (Stable) ±0.3317

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.1767 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.1767

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 37.1575) against the same month in 2022 (average: 33.9729), the exchange rate shifted by +3.1846 (+9.37%).

2023 Avg (November) 37.1575
2022 Avg (November) 33.9729

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.6414 33.9340 34.4151
February 34.1823 33.6172 33.8981
March 34.6088 33.8490 34.1116
April 34.7531 33.2662 34.3525
May 33.4039 33.0073 33.1758
June 33.2191 32.8874 33.0089
July 33.3858 33.0136 33.1316
August 33.7755 33.3786 33.6168
September 36.0938 33.4903 34.3062
October 36.6164 35.6418 36.4302
November 37.4967 36.0546 37.1575
December 37.4243 36.9702 37.3332