YEARLY HIGH
384.8902 STD
YEARLY LOW
330.4679 STD
YEARLY AVERAGE
363.4658 STD

2023 GMD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 384.8902. Conversely, the yearly low was recorded on December 16, dropping to 330.4679.

This high-to-low spread represents a total annual volatility of 54.4223 STD. From a start-to-finish perspective, comparing the January average rate of 367.9848 to the December average rate of 330.8245, the exchange rate registered a net change of -10.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 384.8902 was down 12.05% compared to the 2022 peak of 437.6255, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,924,451 STD
2022 Average 2,004,676 STD
Yearly Trough Low 1,652,340 STD
Transaction Impact: A difference of 272,111.50 STD purely based on transaction execution date.

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389.0119
325.5347
JanuMarcMayJulySeptNove

GMD to STD 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 374.6663, compared to 352.2654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.4009 points.

H1 Avg (Jan–Jun) 374.6663
H2 Avg (Jul–Dec) 352.2654

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 26.0654 STD (High: 368.5988 / Low: 342.5334). On the other end, December was the most stable month, with a tight range of 2.1459 STD (High: 332.6138 / Low: 330.4679).

September Spread (Volatile) Âą26.0654
December Spread (Stable) Âą2.1459

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 September and October, when the average rate fell by 21.1523 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -21.1523

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 383.7221) against the same month in 2022 (average: 419.8845), the exchange rate shifted by -36.1624 (-8.61%).

2023 Avg (June) 383.7221
2022 Avg (June) 419.8845

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Month High Low Average
January 373.2485 365.3300 367.9848
February 374.1638 370.5193 373.5567
March 374.0411 367.1223 371.8154
April 380.7171 366.3562 369.0823
May 383.2744 379.1361 381.8364
June 384.8902 382.6960 383.7221
July 383.2744 371.3633 381.5049
August 369.0567 366.1758 367.7851
September 368.5988 342.5334 360.7460
October 346.1250 337.6030 339.5937
November 342.5334 330.9588 333.1381
December 332.6138 330.4679 330.8245