2024 GMD to EUR Historical Review

YEARLY HIGH

0.0139 EUR

YEARLY LOW

0.0126 EUR

YEARLY AVERAGE

0.0134 EUR

2024 GMD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0139. Conversely, the yearly low was recorded on August 27, dropping to 0.0126.

This high-to-low spread represents a total annual volatility of 0.0013 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0136 to the December average rate of 0.0133, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0139 was down 11.69% compared to the 2023 peak of 0.0157, 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 69 EUR

2023 Average 74 EUR

Yearly Trough Low 63 EUR

Transaction Impact: A difference of 6.38 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0138

0.0129

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 0.0137, compared to 0.0132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0137

H2 Avg (Jul–Dec) 0.0132

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0008 EUR (High: 0.0134 / Low: 0.0126). On the other end, March was the most stable month, with a tight range of 0.0002 EUR (High: 0.0136 / Low: 0.0134).

August Spread (Volatile) ±0.0008

March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0137) against the same month in 2023 (average: 0.0147), the exchange rate shifted by -0.0010 (-6.64%).

2024 Avg (April) 0.0137

2023 Avg (April) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0137	0.0135	0.0136
February	0.0138	0.0136	0.0137
March	0.0136	0.0134	0.0135
April	0.0139	0.0136	0.0137
May	0.0138	0.0135	0.0136
June	0.0138	0.0135	0.0137
July	0.0137	0.0133	0.0136
August	0.0134	0.0126	0.0130
September	0.0131	0.0127	0.0129
October	0.0135	0.0129	0.0132
November	0.0135	0.0128	0.0132
December	0.0134	0.0132	0.0133