YEARLY HIGH
0.0307 GMD
YEARLY LOW
0.0234 GMD
YEARLY AVERAGE
0.0269 GMD

2023 CDF to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0307. Conversely, the yearly low was recorded on July 26, dropping to 0.0234.

This high-to-low spread represents a total annual volatility of 0.0074 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0303 to the December average rate of 0.0247, the exchange rate registered a net change of -18.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0307 was up 0.44% compared to the 2022 peak of 0.0306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 154 GMD
2022 Average 137 GMD
Yearly Trough Low 117 GMD
Transaction Impact: A difference of 36.81 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0309
0.0235
JanuMarcMayJulySeptNove

CDF 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 0.0287, compared to 0.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0287
H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0039 GMD (High: 0.0294 / Low: 0.0255). On the other end, August was the most stable month, with a tight range of 0.0005 GMD (High: 0.0248 / Low: 0.0242).

May Spread (Volatile) ±0.0039
August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and November, 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 0.0023 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0303) against the same month in 2022 (average: 0.0263), the exchange rate shifted by +0.0039 (+14.98%).

2023 Avg (January) 0.0303
2022 Avg (January) 0.0263

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0307 0.0297 0.0303
February 0.0300 0.0294 0.0296
March 0.0304 0.0293 0.0297
April 0.0304 0.0276 0.0297
May 0.0294 0.0255 0.0274
June 0.0256 0.0247 0.0252
July 0.0247 0.0234 0.0242
August 0.0248 0.0242 0.0245
September 0.0261 0.0242 0.0249
October 0.0265 0.0254 0.0261
November 0.0272 0.0247 0.0263
December 0.0253 0.0241 0.0247