YEARLY HIGH
2.6650 DJF
YEARLY LOW
2.4635 DJF
YEARLY AVERAGE
2.5853 DJF

2024 GMD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.6650. Conversely, the yearly low was recorded on December 22, dropping to 2.4635.

This high-to-low spread represents a total annual volatility of 0.2015 DJF. From a start-to-finish perspective, comparing the January average rate of 2.6439 to the December average rate of 2.4768, the exchange rate registered a net change of -6.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6650 was down 11.49% compared to the 2023 peak of 3.0110, 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 13,325 DJF
2023 Average 14,299 DJF
Yearly Trough Low 12,317 DJF
Transaction Impact: A difference of 1,007.64 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6606
2.4601
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 2.6262, compared to 2.5444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0818 points.

H1 Avg (Jan–Jun) 2.6262
H2 Avg (Jul–Dec) 2.5444

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1121 DJF (High: 2.6335 / Low: 2.5215). On the other end, April was the most stable month, with a tight range of 0.0148 DJF (High: 2.6284 / Low: 2.6136).

October Spread (Volatile) ±0.1121
April Spread (Stable) ±0.0148

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0784 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.6322) against the same month in 2023 (average: 2.9131), the exchange rate shifted by -0.2808 (-9.64%).

2024 Avg (February) 2.6322
2023 Avg (February) 2.9131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6563 2.6355 2.6439
February 2.6650 2.6151 2.6322
March 2.6286 2.6097 2.6167
April 2.6284 2.6136 2.6188
May 2.6331 2.6052 2.6218
June 2.6443 2.6125 2.6239
July 2.6303 2.5577 2.6216
August 2.5767 2.5037 2.5432
September 2.6129 2.5037 2.5579
October 2.6335 2.5215 2.5672
November 2.5215 2.4862 2.4996
December 2.5037 2.4635 2.4768