2024 GMD to GBP Historical Review

YEARLY HIGH

0.0119 GBP

YEARLY LOW

0.0106 GBP

YEARLY AVERAGE

0.0114 GBP

2024 GMD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.0119. Conversely, the yearly low was recorded on August 27, dropping to 0.0106.

This high-to-low spread represents a total annual volatility of 0.0013 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0117 to the December average rate of 0.0110, the exchange rate registered a net change of -5.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0119 was down 13.57% compared to the 2023 peak of 0.0138, 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 60 GBP

2023 Average 65 GBP

Yearly Trough Low 53 GBP

Transaction Impact: A difference of 6.48 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0119

0.0108

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 0.0117, compared to 0.0111 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) 0.0117

H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0008 GBP (High: 0.0114 / Low: 0.0106). On the other end, January was the most stable month, with a tight range of 0.0002 GBP (High: 0.0118 / Low: 0.0116).

August Spread (Volatile) ±0.0008

January 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 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0118) against the same month in 2023 (average: 0.0130), the exchange rate shifted by -0.0012 (-9.38%).

2024 Avg (April) 0.0118

2023 Avg (April) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0118	0.0116	0.0117
February	0.0118	0.0116	0.0117
March	0.0117	0.0114	0.0116
April	0.0119	0.0116	0.0118
May	0.0118	0.0116	0.0117
June	0.0117	0.0115	0.0116
July	0.0117	0.0112	0.0115
August	0.0114	0.0106	0.0111
September	0.0111	0.0107	0.0109
October	0.0113	0.0108	0.0111
November	0.0112	0.0107	0.0110
December	0.0111	0.0109	0.0110