YEARLY HIGH
0.0337 BBD
YEARLY LOW
0.0297 BBD
YEARLY AVERAGE
0.0322 BBD

2023 GMD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.0337. Conversely, the yearly low was recorded on December 16, dropping to 0.0297.

This high-to-low spread represents a total annual volatility of 0.0041 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0322 to the December average rate of 0.0297, 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 0.0337 was down 11.30% compared to the 2022 peak of 0.0380, 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 169 BBD
2022 Average 181 BBD
Yearly Trough Low 148 BBD
Transaction Impact: A difference of 20.32 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0340
0.0293
JanuMarcMayJulySeptNove

GMD to BBD 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 0.0328, compared to 0.0315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0328
H2 Avg (Jul–Dec) 0.0315

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0023 BBD (High: 0.0331 / Low: 0.0307). On the other end, June was the most stable month, with a tight range of 0.0002 BBD (High: 0.0337 / Low: 0.0335).

September Spread (Volatile) ±0.0023
June 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 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0336) against the same month in 2022 (average: 0.0370), the exchange rate shifted by -0.0034 (-9.06%).

2023 Avg (June) 0.0336
2022 Avg (June) 0.0370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0327 0.0320 0.0322
February 0.0328 0.0325 0.0327
March 0.0328 0.0322 0.0326
April 0.0334 0.0321 0.0323
May 0.0336 0.0332 0.0335
June 0.0337 0.0335 0.0336
July 0.0336 0.0333 0.0335
August 0.0331 0.0329 0.0330
September 0.0331 0.0307 0.0324
October 0.0311 0.0303 0.0305
November 0.0307 0.0297 0.0299
December 0.0299 0.0297 0.0297