2023 BMD to GNF Historical Review

YEARLY HIGH

8800.0000 GNF

YEARLY LOW

8491.2434 GNF

YEARLY AVERAGE

8618.6632 GNF

2023 BMD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 8800.0000. Conversely, the yearly low was recorded on March 19, dropping to 8491.2434.

This high-to-low spread represents a total annual volatility of 308.7566 GNF. From a start-to-finish perspective, comparing the January average rate of 8666.6010 to the December average rate of 8602.0306, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 8800.0000 was down 5.76% compared to the 2022 peak of 9337.5000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44,000,000 GNF

2022 Average 44,035,352 GNF

Yearly Trough Low 42,456,217 GNF

Transaction Impact: A difference of 1,543,782.90 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

8673.2977

8592.9365

JanuMarcMayJulySeptNove

BMD to GNF 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 8633.1531, compared to 8604.1733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 28.9798 points.

H1 Avg (Jan–Jun) 8633.1531

H2 Avg (Jul–Dec) 8604.1733

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 308.7566 GNF (High: 8800.0000 / Low: 8491.2434). On the other end, May was the most stable month, with a tight range of 69.8070 GNF (High: 8655.0000 / Low: 8585.1930).

March Spread (Volatile) ±308.7566

May Spread (Stable) ±69.8070

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 36.6344 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -36.6344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 8666.6010) against the same month in 2022 (average: 9096.0996), the exchange rate shifted by -429.4987 (-4.72%).

2023 Avg (January) 8666.6010

2022 Avg (January) 9096.0996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8800.0000	8587.0327	8666.6010
February	8800.0000	8532.9645	8645.1566
March	8800.0000	8491.2434	8636.8618
April	8655.0000	8507.6459	8600.2274
May	8655.0000	8585.1930	8624.6364
June	8656.0000	8565.6640	8625.4355
July	8650.0000	8543.0518	8607.1034
August	8655.0000	8585.0729	8611.0477
September	8655.0000	8556.6590	8604.6773
October	8655.0000	8547.9164	8600.5476
November	8650.0000	8545.1754	8599.6333
December	8636.0665	8560.0000	8602.0306