2023 GMD to CAD Historical Review

YEARLY HIGH

0.0229 CAD

YEARLY LOW

0.0196 CAD

YEARLY AVERAGE

0.0217 CAD

2023 GMD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.0229. Conversely, the yearly low was recorded on December 26, dropping to 0.0196.

This high-to-low spread represents a total annual volatility of 0.0033 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0216 to the December average rate of 0.0199, the exchange rate registered a net change of -7.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0229 was down 8.52% compared to the 2022 peak of 0.0250, 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 CAD

2022 Average 118 CAD

Yearly Trough Low 98 CAD

Transaction Impact: A difference of 16.66 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0229

0.0196

JanuMarcMayJulySeptNove

GMD to CAD 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 0.0221, compared to 0.0213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0221

H2 Avg (Jul–Dec) 0.0213

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0019 CAD (High: 0.0226 / Low: 0.0207). On the other end, August was the most stable month, with a tight range of 0.0004 CAD (High: 0.0224 / Low: 0.0220).

September Spread (Volatile) ±0.0019

August Spread (Stable) ±0.0004

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 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0226) against the same month in 2022 (average: 0.0238), the exchange rate shifted by -0.0012 (-4.93%).

2023 Avg (May) 0.0226

2022 Avg (May) 0.0238

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0221	0.0214	0.0216
February	0.0223	0.0215	0.0220
March	0.0226	0.0218	0.0223
April	0.0228	0.0214	0.0219
May	0.0229	0.0222	0.0226
June	0.0226	0.0221	0.0223
July	0.0224	0.0220	0.0222
August	0.0224	0.0220	0.0223
September	0.0226	0.0207	0.0219
October	0.0213	0.0207	0.0209
November	0.0213	0.0201	0.0205
December	0.0202	0.0196	0.0199