2023 GMD to GBP Historical Review

YEARLY HIGH

0.0138 GBP

YEARLY LOW

0.0116 GBP

YEARLY AVERAGE

0.0129 GBP

2023 GMD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0138. Conversely, the yearly low was recorded on December 27, dropping to 0.0116.

This high-to-low spread represents a total annual volatility of 0.0022 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0132 to the December average rate of 0.0117, the exchange rate registered a net change of -10.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0138 was down 18.70% compared to the 2022 peak of 0.0170, 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 GBP

2022 Average 73 GBP

Yearly Trough Low 58 GBP

Transaction Impact: A difference of 10.99 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0138

0.0115

JanuMarcMayJulySeptNove

GMD to GBP 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 0.0133, compared to 0.0126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0133

H2 Avg (Jul–Dec) 0.0126

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0009 GBP (High: 0.0126 / Low: 0.0117). On the other end, August was the most stable month, with a tight range of 0.0002 GBP (High: 0.0131 / Low: 0.0129).

November Spread (Volatile) ±0.0009

August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0134) against the same month in 2022 (average: 0.0142), the exchange rate shifted by -0.0008 (-5.43%).

2023 Avg (March) 0.0134

2022 Avg (March) 0.0142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0135	0.0129	0.0132
February	0.0137	0.0131	0.0136
March	0.0138	0.0130	0.0134
April	0.0133	0.0128	0.0130
May	0.0136	0.0131	0.0134
June	0.0135	0.0131	0.0133
July	0.0132	0.0128	0.0130
August	0.0131	0.0129	0.0130
September	0.0133	0.0126	0.0131
October	0.0127	0.0124	0.0125
November	0.0126	0.0117	0.0120
December	0.0118	0.0116	0.0117