2023 GMD to EUR Historical Review

YEARLY HIGH

0.0157 EUR

YEARLY LOW

0.0134 EUR

YEARLY AVERAGE

0.0149 EUR

2023 GMD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.0157. Conversely, the yearly low was recorded on December 27, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0024 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0149 to the December average rate of 0.0136, the exchange rate registered a net change of -9.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0157 was down 17.24% compared to the 2022 peak of 0.0190, 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 79 EUR

2022 Average 86 EUR

Yearly Trough Low 67 EUR

Transaction Impact: A difference of 11.76 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0157

0.0134

JanuMarcMayJulySeptNove

GMD to EUR 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 0.0152, compared to 0.0145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0152

H2 Avg (Jul–Dec) 0.0145

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0010 EUR (High: 0.0145 / Low: 0.0135). On the other end, August was the most stable month, with a tight range of 0.0002 EUR (High: 0.0152 / Low: 0.0150).

November Spread (Volatile) ±0.0010

August Spread (Stable) ±0.0002

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 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0155) against the same month in 2022 (average: 0.0175), the exchange rate shifted by -0.0020 (-11.39%).

2023 Avg (June) 0.0155

2022 Avg (June) 0.0175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0153	0.0147	0.0149
February	0.0155	0.0147	0.0153
March	0.0155	0.0148	0.0152
April	0.0151	0.0145	0.0147
May	0.0157	0.0148	0.0154
June	0.0157	0.0153	0.0155
July	0.0155	0.0149	0.0152
August	0.0152	0.0150	0.0151
September	0.0155	0.0145	0.0152
October	0.0147	0.0143	0.0144
November	0.0145	0.0135	0.0138
December	0.0138	0.0134	0.0136