YEARLY HIGH
0.0260 AUD
YEARLY LOW
0.0217 AUD
YEARLY AVERAGE
0.0242 AUD

2023 GMD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.0260. Conversely, the yearly low was recorded on December 27, dropping to 0.0217.

This high-to-low spread represents a total annual volatility of 0.0043 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0232 to the December average rate of 0.0222, the exchange rate registered a net change of -4.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0260 was down 9.51% compared to the 2022 peak of 0.0287, 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 130 AUD
2022 Average 130 AUD
Yearly Trough Low 108 AUD
Transaction Impact: A difference of 21.47 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0258
0.0218
JanuMarcMayJulySeptNove

GMD to AUD 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 0.0243, compared to 0.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0243
H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0020 AUD (High: 0.0260 / Low: 0.0239). On the other end, October was the most stable month, with a tight range of 0.0005 AUD (High: 0.0242 / Low: 0.0237).

September Spread (Volatile) ±0.0020
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, 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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0252) against the same month in 2022 (average: 0.0273), the exchange rate shifted by -0.0021 (-7.60%).

2023 Avg (September) 0.0252
2022 Avg (September) 0.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0240 0.0226 0.0232
February 0.0243 0.0227 0.0238
March 0.0248 0.0240 0.0244
April 0.0252 0.0237 0.0242
May 0.0258 0.0246 0.0252
June 0.0255 0.0245 0.0250
July 0.0253 0.0243 0.0249
August 0.0259 0.0250 0.0255
September 0.0260 0.0239 0.0252
October 0.0242 0.0237 0.0240
November 0.0239 0.0223 0.0230
December 0.0227 0.0217 0.0222