YEARLY HIGH
0.3799 GMD
YEARLY LOW
0.3321 GMD
YEARLY AVERAGE
0.3503 GMD

2023 DJF to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.3799. Conversely, the yearly low was recorded on June 13, dropping to 0.3321.

This high-to-low spread represents a total annual volatility of 0.0477 GMD. From a start-to-finish perspective, comparing the January average rate of 0.3490 to the December average rate of 0.3782, the exchange rate registered a net change of 8.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3799 was up 8.01% compared to the 2022 peak of 0.3517, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,899 GMD
2022 Average 1,556 GMD
Yearly Trough Low 1,661 GMD
Transaction Impact: A difference of 238.70 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3826
0.3298
JanuMarcMayJulySeptNove

DJF 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 0.3427, compared to 0.3579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.3427
H2 Avg (Jul–Dec) 0.3579

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0265 GMD (High: 0.3655 / Low: 0.3389). On the other end, July was the most stable month, with a tight range of 0.0027 GMD (High: 0.3375 / Low: 0.3348).

September Spread (Volatile) ±0.0265
July Spread (Stable) ±0.0027

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 0.0121 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3782) against the same month in 2022 (average: 0.3489), the exchange rate shifted by +0.0292 (+8.38%).

2023 Avg (December) 0.3782
2022 Avg (December) 0.3489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3515 0.3439 0.3490
February 0.3467 0.3395 0.3433
March 0.3503 0.3431 0.3455
April 0.3518 0.3367 0.3482
May 0.3387 0.3341 0.3361
June 0.3363 0.3321 0.3342
July 0.3375 0.3348 0.3357
August 0.3423 0.3374 0.3405
September 0.3655 0.3389 0.3472
October 0.3717 0.3607 0.3689
November 0.3796 0.3653 0.3766
December 0.3799 0.3749 0.3782