2023 GMD to CDF Historical Review

YEARLY HIGH

42.7852 CDF

YEARLY LOW

32.5361 CDF

YEARLY AVERAGE

37.4784 CDF

2023 GMD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 42.7852. Conversely, the yearly low was recorded on January 18, dropping to 32.5361.

This high-to-low spread represents a total annual volatility of 10.2491 CDF. From a start-to-finish perspective, comparing the January average rate of 33.0313 to the December average rate of 40.4224, the exchange rate registered a net change of 22.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 42.7852 was up 11.79% compared to the 2022 peak of 38.2716, 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 213,926 CDF

2022 Average 182,727 CDF

Yearly Trough Low 162,681 CDF

Transaction Impact: A difference of 51,245.60 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42.2334

32.1948

JanuMarcMayJulySeptNove

GMD to CDF 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 35.0732, compared to 39.8835 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8103 points.

H1 Avg (Jan–Jun) 35.0732

H2 Avg (Jul–Dec) 39.8835

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 5.1926 CDF (High: 39.1779 / Low: 33.9853). On the other end, February was the most stable month, with a tight range of 0.7300 CDF (High: 34.0688 / Low: 33.3388).

May Spread (Volatile) ±5.1926

February Spread (Stable) ±0.7300

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.8320 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.8320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 41.3968) against the same month in 2022 (average: 36.9781), the exchange rate shifted by +4.4187 (+11.95%).

2023 Avg (July) 41.3968

2022 Avg (July) 36.9781

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.7228	32.5361	33.0313
February	34.0688	33.3388	33.7567
March	34.1277	32.9204	33.6885
April	36.1853	32.8571	33.6622
May	39.1779	33.9853	36.6202
June	40.4702	39.0566	39.6804
July	42.7852	40.4702	41.3968
August	41.2427	40.3974	40.8727
September	41.3729	38.2473	40.2114
October	39.3859	37.6779	38.3794
November	40.4432	36.7271	38.0186
December	41.4654	39.5254	40.4224