2023 BBD to GMD Historical Review

YEARLY HIGH

33.7125 GMD

YEARLY LOW

29.6500 GMD

YEARLY AVERAGE

31.1467 GMD

2023 BBD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 33.7125. Conversely, the yearly low was recorded on June 13, dropping to 29.6500.

This high-to-low spread represents a total annual volatility of 4.0625 GMD. From a start-to-finish perspective, comparing the January average rate of 31.0127 to the December average rate of 33.6762, 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 33.7125 was up 8.01% compared to the 2022 peak of 31.2125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168,563 GMD

2022 Average 138,486 GMD

Yearly Trough Low 148,250 GMD

Transaction Impact: A difference of 20,312.50 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.0698

29.3467

JanuMarcMayJulySeptNove

BBD 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 30.4680, compared to 31.8254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3574 points.

H1 Avg (Jan–Jun) 30.4680

H2 Avg (Jul–Dec) 31.8254

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 2.3000 GMD (High: 32.5250 / Low: 30.2250). On the other end, June was the most stable month, with a tight range of 0.1700 GMD (High: 29.8200 / Low: 29.6500).

September Spread (Volatile) ±2.3000

June Spread (Stable) ±0.1700

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 1.0369 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.0369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 33.6762) against the same month in 2022 (average: 31.0334), the exchange rate shifted by +2.6428 (+8.52%).

2023 Avg (December) 33.6762

2022 Avg (December) 31.0334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.2375	30.5748	31.0127
February	30.8000	30.5000	30.5497
March	31.0850	30.5100	30.6935
April	31.1500	29.9750	30.9244
May	30.1000	29.7750	29.8875
June	29.8200	29.6500	29.7403
July	30.0000	29.7750	29.8216
August	30.4250	30.1875	30.2922
September	32.5250	30.2250	30.9075
October	33.0000	32.1875	32.8073
November	33.6625	32.5250	33.4475
December	33.7125	33.4950	33.6762