YEARLY HIGH
0.1296 GMD
YEARLY LOW
0.1047 GMD
YEARLY AVERAGE
0.1151 GMD

2023 CRC to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1296. Conversely, the yearly low was recorded on January 2, dropping to 0.1047.

This high-to-low spread represents a total annual volatility of 0.0249 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1080 to the December average rate of 0.1283, the exchange rate registered a net change of 18.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1296 was up 21.06% compared to the 2022 peak of 0.1070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 648 GMD
2022 Average 431 GMD
Yearly Trough Low 523 GMD
Transaction Impact: A difference of 124.41 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1303
0.1059
JanuMarcMayJulySeptNove

CRC 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 0.1109, compared to 0.1194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.1109
H2 Avg (Jul–Dec) 0.1194

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0089 GMD (High: 0.1214 / Low: 0.1125). On the other end, June was the most stable month, with a tight range of 0.0014 GMD (High: 0.1108 / Low: 0.1094).

September Spread (Volatile) ±0.0089
June Spread (Stable) ±0.0014

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 0.0043 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1283) against the same month in 2022 (average: 0.1053), the exchange rate shifted by +0.0230 (+21.83%).

2023 Avg (December) 0.1283
2022 Avg (December) 0.1053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1119 0.1047 0.1080
February 0.1117 0.1050 0.1081
March 0.1152 0.1091 0.1125
April 0.1170 0.1122 0.1155
May 0.1122 0.1103 0.1112
June 0.1108 0.1094 0.1102
July 0.1114 0.1087 0.1104
August 0.1141 0.1107 0.1126
September 0.1214 0.1125 0.1154
October 0.1245 0.1202 0.1234
November 0.1272 0.1224 0.1261
December 0.1296 0.1268 0.1283