2023 CAD to GMD Historical Review

YEARLY HIGH

51.0719 GMD

YEARLY LOW

43.6454 GMD

YEARLY AVERAGE

46.1378 GMD

2023 CAD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 51.0719. Conversely, the yearly low was recorded on May 25, dropping to 43.6454.

This high-to-low spread represents a total annual volatility of 7.4265 GMD. From a start-to-finish perspective, comparing the January average rate of 46.2192 to the December average rate of 50.2272, the exchange rate registered a net change of 8.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 51.0719 was up 10.06% compared to the 2022 peak of 46.4051, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 255,359 GMD

2022 Average 212,675 GMD

Yearly Trough Low 218,227 GMD

Transaction Impact: A difference of 37,132.33 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

50.8314

43.5811

JanuMarcMayJulySeptNove

CAD 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 45.1903, compared to 47.0854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8952 points.

H1 Avg (Jan–Jun) 45.1903

H2 Avg (Jul–Dec) 47.0854

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 4.0670 GMD (High: 48.3182 / Low: 44.2512). On the other end, August was the most stable month, with a tight range of 0.8668 GMD (High: 45.4922 / Low: 44.6254).

September Spread (Volatile) ±4.0670

August Spread (Stable) ±0.8668

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.5752 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.5752

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 50.2272) against the same month in 2022 (average: 45.6195), the exchange rate shifted by +4.6077 (+10.10%).

2023 Avg (December) 50.2272

2022 Avg (December) 45.6195

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.7230	45.3427	46.2192
February	46.4055	44.7749	45.4030
March	45.9731	44.1935	44.8088
April	46.6894	43.9017	45.7605
May	44.9926	43.6454	44.1853
June	45.3461	44.2410	44.7648
July	45.4894	44.5934	45.0822
August	45.4922	44.6254	44.9288
September	48.3182	44.2512	45.6221
October	48.3627	46.9782	47.8484
November	49.6604	47.0184	48.8037
December	51.0719	49.5151	50.2272