2023 GMD to DJF Historical Review

YEARLY HIGH

3.0110 DJF

YEARLY LOW

2.6326 DJF

YEARLY AVERAGE

2.8601 DJF

2023 GMD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 3.0110. Conversely, the yearly low was recorded on December 15, dropping to 2.6326.

This high-to-low spread represents a total annual volatility of 0.3784 DJF. From a start-to-finish perspective, comparing the January average rate of 2.8658 to the December average rate of 2.6442, the exchange rate registered a net change of -7.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0110 was down 10.98% compared to the 2022 peak of 3.3822, 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 15,055 DJF

2022 Average 16,112 DJF

Yearly Trough Low 13,163 DJF

Transaction Impact: A difference of 1,892.03 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0269

2.6095

JanuMarcMayJulySeptNove

GMD to DJF 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 2.9188, compared to 2.8014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1174 points.

H1 Avg (Jan–Jun) 2.9188

H2 Avg (Jul–Dec) 2.8014

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.2143 DJF (High: 2.9504 / Low: 2.7361). On the other end, July was the most stable month, with a tight range of 0.0240 DJF (High: 2.9868 / Low: 2.9628).

September Spread (Volatile) ±0.2143

July Spread (Stable) ±0.0240

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 0.1713 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1713

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 2.9921) against the same month in 2022 (average: 3.2955), the exchange rate shifted by -0.3034 (-9.21%).

2023 Avg (June) 2.9921

2022 Avg (June) 3.2955

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9081	2.8453	2.8658
February	2.9456	2.8841	2.9131
March	2.9143	2.8546	2.8941
April	2.9700	2.8428	2.8724
May	2.9934	2.9529	2.9754
June	3.0110	2.9739	2.9921
July	2.9868	2.9628	2.9788
August	2.9636	2.9213	2.9365
September	2.9504	2.7361	2.8821
October	2.7720	2.6903	2.7107
November	2.7373	2.6346	2.6559
December	2.6677	2.6326	2.6442