2023 GMD to BZD Historical Review

YEARLY HIGH

0.0340 BZD

YEARLY LOW

0.0298 BZD

YEARLY AVERAGE

0.0324 BZD

2023 GMD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.0340. Conversely, the yearly low was recorded on November 19, dropping to 0.0298.

This high-to-low spread represents a total annual volatility of 0.0042 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0325 to the December average rate of 0.0300, the exchange rate registered a net change of -7.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0340 was down 11.21% compared to the 2022 peak of 0.0383, 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 170 BZD

2022 Average 182 BZD

Yearly Trough Low 149 BZD

Transaction Impact: A difference of 20.91 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0343

0.0296

JanuMarcMayJulySeptNove

GMD to BZD 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 0.0331, compared to 0.0317 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) 0.0331

H2 Avg (Jul–Dec) 0.0317

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0024 BZD (High: 0.0334 / Low: 0.0310). On the other end, June was the most stable month, with a tight range of 0.0003 BZD (High: 0.0340 / Low: 0.0337).

September Spread (Volatile) ±0.0024

June Spread (Stable) ±0.0003

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: 0.0339) against the same month in 2022 (average: 0.0373), the exchange rate shifted by -0.0034 (-9.13%).

2023 Avg (June) 0.0339

2022 Avg (June) 0.0373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0330	0.0323	0.0325
February	0.0333	0.0327	0.0330
March	0.0330	0.0323	0.0328
April	0.0336	0.0322	0.0326
May	0.0339	0.0335	0.0337
June	0.0340	0.0337	0.0339
July	0.0339	0.0335	0.0338
August	0.0335	0.0331	0.0333
September	0.0334	0.0310	0.0326
October	0.0314	0.0305	0.0307
November	0.0310	0.0298	0.0301
December	0.0303	0.0299	0.0300