YEARLY HIGH
0.0136 CHF
YEARLY LOW
0.0119 CHF
YEARLY AVERAGE
0.0128 CHF

2024 GMD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0136. Conversely, the yearly low was recorded on August 27, dropping to 0.0119.

This high-to-low spread represents a total annual volatility of 0.0017 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0124, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0136 was down 12.07% compared to the 2023 peak of 0.0154, 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 68 CHF
2023 Average 72 CHF
Yearly Trough Low 59 CHF
Transaction Impact: A difference of 8.57 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0135
0.0121
JanuMarcMayJulySeptNove

GMD to CHF 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 0.0131, compared to 0.0125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0131
H2 Avg (Jul–Dec) 0.0125

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0008 CHF (High: 0.0127 / Low: 0.0119). On the other end, May was the most stable month, with a tight range of 0.0002 CHF (High: 0.0135 / Low: 0.0133).

August Spread (Volatile) ±0.0008
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0134) against the same month in 2023 (average: 0.0145), the exchange rate shifted by -0.0011 (-7.78%).

2024 Avg (April) 0.0134
2023 Avg (April) 0.0145

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0129 0.0125 0.0128
February 0.0131 0.0127 0.0130
March 0.0133 0.0129 0.0131
April 0.0136 0.0133 0.0134
May 0.0135 0.0133 0.0134
June 0.0133 0.0131 0.0132
July 0.0133 0.0126 0.0131
August 0.0127 0.0119 0.0123
September 0.0124 0.0120 0.0122
October 0.0127 0.0121 0.0124
November 0.0126 0.0121 0.0124
December 0.0126 0.0122 0.0124