2023 GMD to AED Historical Review

YEARLY HIGH

0.0619 AED

YEARLY LOW

0.0545 AED

YEARLY AVERAGE

0.0591 AED

2023 GMD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.0619. Conversely, the yearly low was recorded on December 13, dropping to 0.0545.

This high-to-low spread represents a total annual volatility of 0.0075 AED. From a start-to-finish perspective, comparing the January average rate of 0.0592 to the December average rate of 0.0545, the exchange rate registered a net change of -7.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0619 was down 11.30% compared to the 2022 peak of 0.0698, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 310 AED

2022 Average 332 AED

Yearly Trough Low 272 AED

Transaction Impact: A difference of 37.35 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0625

0.0538

JanuMarcMayJulySeptNove

GMD to AED 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 0.0603, compared to 0.0578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0603

H2 Avg (Jul–Dec) 0.0578

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0043 AED (High: 0.0608 / Low: 0.0565). On the other end, June was the most stable month, with a tight range of 0.0004 AED (High: 0.0619 / Low: 0.0616).

September Spread (Volatile) ±0.0043

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0618) against the same month in 2022 (average: 0.0679), the exchange rate shifted by -0.0062 (-9.06%).

2023 Avg (June) 0.0618

2022 Avg (June) 0.0679

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0601	0.0588	0.0592
February	0.0602	0.0596	0.0601
March	0.0602	0.0591	0.0598
April	0.0613	0.0589	0.0594
May	0.0617	0.0610	0.0614
June	0.0619	0.0616	0.0618
July	0.0617	0.0612	0.0616
August	0.0608	0.0604	0.0606
September	0.0608	0.0565	0.0595
October	0.0571	0.0557	0.0560
November	0.0565	0.0545	0.0549
December	0.0548	0.0545	0.0545