2023 BND to GMD Historical Review

YEARLY HIGH

51.0245 GMD

YEARLY LOW

43.8518 GMD

YEARLY AVERAGE

46.4026 GMD

2023 BND to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 51.0245. Conversely, the yearly low was recorded on July 1, dropping to 43.8518.

This high-to-low spread represents a total annual volatility of 7.1726 GMD. From a start-to-finish perspective, comparing the January average rate of 46.7458 to the December average rate of 50.5546, the exchange rate registered a net change of 8.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 51.0245 was up 10.38% compared to the 2022 peak of 46.2258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 255,122 GMD

2022 Average 200,933 GMD

Yearly Trough Low 219,259 GMD

Transaction Impact: A difference of 35,863.18 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

51.1901

43.5647

JanuMarcMayJulySeptNove

BND 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 45.6319, compared to 47.1733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5414 points.

H1 Avg (Jan–Jun) 45.6319

H2 Avg (Jul–Dec) 47.1733

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 3.3298 GMD (High: 47.6503 / Low: 44.3205). On the other end, June was the most stable month, with a tight range of 0.6094 GMD (High: 44.4612 / Low: 43.8518).

September Spread (Volatile) ±3.3298

June Spread (Stable) ±0.6094

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 1.8494 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.8494

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 50.5546) against the same month in 2022 (average: 45.9105), the exchange rate shifted by +4.6441 (+10.12%).

2023 Avg (December) 50.5546

2022 Avg (December) 45.9105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.3457	46.0431	46.7458
February	46.9268	45.2164	45.8775
March	46.8138	45.2131	45.8216
April	47.1146	44.8409	46.4979
May	45.4528	43.9733	44.6485
June	44.4612	43.8518	44.2002
July	45.2840	43.8518	44.6966
August	45.2877	44.5705	44.8603
September	47.6503	44.3205	45.3724
October	48.2588	47.1598	47.9393
November	50.5357	47.4641	49.6169
December	51.0245	50.1322	50.5546