YEARLY HIGH
0.0230 AUD
YEARLY LOW
0.0207 AUD
YEARLY AVERAGE
0.0220 AUD

2024 GMD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0230. Conversely, the yearly low was recorded on September 30, dropping to 0.0207.

This high-to-low spread represents a total annual volatility of 0.0023 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0224 to the December average rate of 0.0220, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0230 was down 11.53% compared to the 2023 peak of 0.0260, 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 115 AUD
2023 Average 121 AUD
Yearly Trough Low 103 AUD
Transaction Impact: A difference of 11.50 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0228
0.0211
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 0.0224, compared to 0.0217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0224
H2 Avg (Jul–Dec) 0.0217

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0016 AUD (High: 0.0223 / Low: 0.0208). On the other end, June was the most stable month, with a tight range of 0.0004 AUD (High: 0.0224 / Low: 0.0221).

August Spread (Volatile) ±0.0016
June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0226) against the same month in 2023 (average: 0.0242), the exchange rate shifted by -0.0016 (-6.41%).

2024 Avg (April) 0.0226
2023 Avg (April) 0.0242

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0227 0.0218 0.0224
February 0.0229 0.0225 0.0227
March 0.0226 0.0222 0.0224
April 0.0230 0.0222 0.0226
May 0.0226 0.0220 0.0223
June 0.0224 0.0221 0.0222
July 0.0226 0.0218 0.0221
August 0.0223 0.0208 0.0215
September 0.0216 0.0207 0.0212
October 0.0220 0.0208 0.0215
November 0.0218 0.0210 0.0215
December 0.0225 0.0216 0.0220