YEARLY HIGH
38.0373 GMD
YEARLY LOW
32.8988 GMD
YEARLY AVERAGE
34.5930 GMD

2023 AWG to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 38.0373. Conversely, the yearly low was recorded on June 13, dropping to 32.8988.

This high-to-low spread represents a total annual volatility of 5.1386 GMD. From a start-to-finish perspective, comparing the January average rate of 34.4368 to the December average rate of 37.3946, the exchange rate registered a net change of 8.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 38.0373 was up 9.68% compared to the 2022 peak of 34.6806, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 190,187 GMD
2022 Average 153,867 GMD
Yearly Trough Low 164,494 GMD
Transaction Impact: A difference of 25,692.89 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.8320
32.5829
JanuMarcMayJulySeptNove

AWG 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 33.8319, compared to 35.3542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5223 points.

H1 Avg (Jan–Jun) 33.8319
H2 Avg (Jul–Dec) 35.3542

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 2.5483 GMD (High: 36.1111 / Low: 33.5628). On the other end, June was the most stable month, with a tight range of 0.2346 GMD (High: 33.1333 / Low: 32.8988).

September Spread (Volatile) ±2.5483
June Spread (Stable) ±0.2346

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 1.1504 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.1504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 37.2293) against the same month in 2022 (average: 33.9550), the exchange rate shifted by +3.2743 (+9.64%).

2023 Avg (November) 37.2293
2022 Avg (November) 33.9550

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.6602 33.9720 34.4368
February 34.2222 33.8419 33.9273
March 34.5278 33.8530 34.0871
April 34.6065 33.3056 34.3351
May 33.3981 33.0485 33.1847
June 33.1333 32.8988 33.0204
July 33.2871 33.0374 33.1019
August 33.8056 33.4998 33.6354
September 36.1111 33.5628 34.3307
October 36.6667 35.7143 36.4330
November 38.0373 36.0888 37.2293
December 37.4583 37.2167 37.3946