YEARLY HIGH
0.0304 AWG
YEARLY LOW
0.0263 AWG
YEARLY AVERAGE
0.0290 AWG

2023 GMD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.0304. Conversely, the yearly low was recorded on November 23, dropping to 0.0263.

This high-to-low spread represents a total annual volatility of 0.0041 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0290 to the December average rate of 0.0267, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0304 was down 11.20% compared to the 2022 peak of 0.0342, 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 152 AWG
2022 Average 163 AWG
Yearly Trough Low 131 AWG
Transaction Impact: A difference of 20.53 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0306
0.0264
JanuMarcMayJulySeptNove

GMD to AWG 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 0.0296, compared to 0.0284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0296
H2 Avg (Jul–Dec) 0.0284

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0021 AWG (High: 0.0298 / Low: 0.0277). On the other end, December was the most stable month, with a tight range of 0.0002 AWG (High: 0.0269 / Low: 0.0267).

September Spread (Volatile) ±0.0021
December Spread (Stable) ±0.0002

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 0.0017 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0303) against the same month in 2022 (average: 0.0333), the exchange rate shifted by -0.0030 (-8.98%).

2023 Avg (June) 0.0303
2022 Avg (June) 0.0333

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0294 0.0289 0.0290
February 0.0295 0.0292 0.0295
March 0.0295 0.0290 0.0293
April 0.0300 0.0289 0.0291
May 0.0303 0.0299 0.0301
June 0.0304 0.0302 0.0303
July 0.0303 0.0300 0.0302
August 0.0299 0.0296 0.0297
September 0.0298 0.0277 0.0292
October 0.0280 0.0273 0.0274
November 0.0277 0.0263 0.0269
December 0.0269 0.0267 0.0267