2024 GMD to CDF Historical Review

YEARLY HIGH

42.4092 CDF

YEARLY LOW

39.3572 CDF

YEARLY AVERAGE

40.9218 CDF

2024 GMD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 42.4092. Conversely, the yearly low was recorded on December 22, dropping to 39.3572.

This high-to-low spread represents a total annual volatility of 3.0520 CDF. From a start-to-finish perspective, comparing the January average rate of 40.4485 to the December average rate of 39.7465, the exchange rate registered a net change of -1.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 42.4092 was down 0.88% compared to the 2023 peak of 42.7852, 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 212,046 CDF

2023 Average 187,522 CDF

Yearly Trough Low 196,786 CDF

Transaction Impact: A difference of 15,260.14 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

42.1447

39.5284

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 41.0360, compared to 40.8075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2286 points.

H1 Avg (Jan–Jun) 41.0360

H2 Avg (Jul–Dec) 40.8075

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 2.0831 CDF (High: 42.4092 / Low: 40.3261). On the other end, March was the most stable month, with a tight range of 0.4324 CDF (High: 41.1185 / Low: 40.6861).

October Spread (Volatile) ±2.0831

March Spread (Stable) ±0.4324

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.1305 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.1305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 41.2182) against the same month in 2023 (average: 38.3794), the exchange rate shifted by +2.8388 (+7.40%).

2024 Avg (October) 41.2182

2023 Avg (October) 38.3794

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.8845	39.5539	40.4485
February	41.1078	40.5170	40.7730
March	41.1185	40.6861	40.8388
April	41.5541	40.8378	41.1156
May	41.6968	41.0494	41.2490
June	42.0748	41.2464	41.7913
July	42.3690	41.0360	41.9267
August	41.4070	39.9958	40.7962
September	41.8248	39.9858	40.9500
October	42.4092	40.3261	41.2182
November	40.5868	39.7650	40.2073
December	40.3509	39.3572	39.7465