2023 GMD to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 GMD to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the GMD to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 6.5554. Conversely, the yearly low was recorded on September 24, dropping to 5.9500.
This high-to-low spread represents a total annual volatility of 0.6054 AMD. From a start-to-finish perspective, comparing the January average rate of 6.3771 to the December average rate of 6.0043, the exchange rate registered a net change of -5.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 6.5554 was down 32.58% compared to the 2022 peak of 9.7230, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
GMD to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.3986, compared to 6.2165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1821 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 0.5068 AMD (High: 6.5334 / Low: 6.0266). On the other end, June was the most stable month, with a tight range of 0.0674 AMD (High: 6.5237 / Low: 6.4563).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1493 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 6.4496) against the same month in 2022 (average: 9.0510), the exchange rate shifted by -2.6014 (-28.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.4745 | 6.3258 | 6.3771 |
| February | 6.5554 | 6.3686 | 6.4496 |
| March | 6.3873 | 6.2232 | 6.3240 |
| April | 6.4494 | 6.2029 | 6.2780 |
| May | 6.4956 | 6.4119 | 6.4673 |
| June | 6.5237 | 6.4563 | 6.4953 |
| July | 6.5485 | 6.4366 | 6.4954 |
| August | 6.4476 | 6.3431 | 6.3788 |
| September | 6.3910 | 5.9500 | 6.2546 |
| October | 6.5334 | 6.0266 | 6.1574 |
| November | 6.1895 | 5.9591 | 6.0081 |
| December | 6.0670 | 5.9725 | 6.0043 |