2023 GMD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 GMD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the GMD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 256.8421. Conversely, the yearly low was recorded on January 21, dropping to 24.2489.
This high-to-low spread represents a total annual volatility of 232.5932 LBP. From a start-to-finish perspective, comparing the January average rate of 24.4402 to the December average rate of 223.4569, the exchange rate registered a net change of 814.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 256.8421 was up 782.84% compared to the 2022 peak of 29.0927, 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 LBP 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 204.7035, compared to 236.9340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.2306 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 228.0243 LBP (High: 252.5151 / Low: 24.4908). On the other end, January was the most stable month, with a tight range of 0.4760 LBP (High: 24.7249 / Low: 24.2489).
Growth Streaks & Declines
TrendsBetween January and March, 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 14.8008 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 254.2416) against the same month in 2022 (average: 28.0446), the exchange rate shifted by +226.1970 (+806.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.7249 | 24.2489 | 24.4402 |
| February | 252.5151 | 24.4908 | 207.4773 |
| March | 249.0408 | 240.6480 | 245.5831 |
| April | 252.6632 | 240.3337 | 244.1091 |
| May | 254.3786 | 250.0152 | 252.3694 |
| June | 256.8421 | 251.8491 | 254.2416 |
| July | 256.1242 | 250.4369 | 252.5988 |
| August | 252.6904 | 246.5878 | 248.5687 |
| September | 250.9867 | 231.3016 | 243.7215 |
| October | 233.8946 | 227.3759 | 228.9207 |
| November | 231.0358 | 222.4048 | 224.3374 |
| December | 225.3349 | 222.8205 | 223.4569 |