2023 GMD to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 GMD to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the GMD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 15.1771. Conversely, the yearly low was recorded on December 16, dropping to 13.3482.
This high-to-low spread represents a total annual volatility of 1.8289 KPW. From a start-to-finish perspective, comparing the January average rate of 14.5104 to the December average rate of 13.3626, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 15.1771 was down 11.30% compared to the 2022 peak of 17.1103, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
GMD to KPW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.7739, compared to 14.1753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5986 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was September, with a trading range of 1.0528 KPW (High: 14.8883 / Low: 13.8355). On the other end, June was the most stable month, with a tight range of 0.0865 KPW (High: 15.1771 / Low: 15.0905).
Growth Streaks & Declines
TrendsBetween 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 0.8544 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 15.1310) against the same month in 2022 (average: 16.6389), the exchange rate shifted by -1.5078 (-9.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.7180 | 14.4058 | 14.5104 |
| February | 14.7541 | 14.6104 | 14.7302 |
| March | 14.7493 | 14.4764 | 14.6615 |
| April | 15.0125 | 14.4462 | 14.5537 |
| May | 15.1134 | 14.9502 | 15.0566 |
| June | 15.1771 | 15.0905 | 15.1310 |
| July | 15.1134 | 15.0000 | 15.0897 |
| August | 14.9068 | 14.7905 | 14.8555 |
| September | 14.8883 | 13.8355 | 14.5711 |
| October | 13.9806 | 13.6364 | 13.7168 |
| November | 13.8355 | 13.3680 | 13.4560 |
| December | 13.4348 | 13.3482 | 13.3626 |