YEARLY HIGH
3.1156 LRD
YEARLY LOW
2.4879 LRD
YEARLY AVERAGE
2.8046 LRD

2023 GMD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 3.1156. Conversely, the yearly low was recorded on January 12, dropping to 2.4879.

This high-to-low spread represents a total annual volatility of 0.6277 LRD. From a start-to-finish perspective, comparing the January average rate of 2.5051 to the December average rate of 2.7947, the exchange rate registered a net change of 11.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.1156 was up 7.15% compared to the 2022 peak of 2.9076, 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 15,578 LRD
2022 Average 13,832 LRD
Yearly Trough Low 12,440 LRD
Transaction Impact: A difference of 3,138.28 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.1378
2.4476
JanuMarcMayJulySeptNove

GMD to LRD 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 2.6719, compared to 2.9372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2653 points.

H1 Avg (Jan–Jun) 2.6719
H2 Avg (Jul–Dec) 2.9372

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.2148 LRD (High: 3.0818 / Low: 2.8670). On the other end, December was the most stable month, with a tight range of 0.0160 LRD (High: 2.7997 / Low: 2.7837).

September Spread (Volatile) ±0.2148
December Spread (Stable) ±0.0160

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1687 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 3.0802) against the same month in 2022 (average: 2.8224), the exchange rate shifted by +0.2579 (+9.14%).

2023 Avg (July) 3.0802
2022 Avg (July) 2.8224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5364 2.4879 2.5051
February 2.6023 2.5147 2.5608
March 2.6239 2.5147 2.5980
April 2.7565 2.6096 2.6379
May 2.8391 2.7527 2.7936
June 3.0243 2.8391 2.9359
July 3.1156 3.0243 3.0802
August 3.0913 3.0567 3.0753
September 3.0818 2.8670 3.0169
October 2.9002 2.8333 2.8483
November 2.8832 2.7881 2.8079
December 2.7997 2.7837 2.7947