2024 GMD to NAD Historical Review

YEARLY HIGH

0.2858 NAD

YEARLY LOW

0.2438 NAD

YEARLY AVERAGE

0.2666 NAD

2024 GMD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.2858. Conversely, the yearly low was recorded on November 5, dropping to 0.2438.

This high-to-low spread represents a total annual volatility of 0.0421 NAD. From a start-to-finish perspective, comparing the January average rate of 0.2792 to the December average rate of 0.2538, the exchange rate registered a net change of -9.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2858 was down 13.66% compared to the 2023 peak of 0.3310, 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 1,429 NAD

2023 Average 1,487 NAD

Yearly Trough Low 1,219 NAD

Transaction Impact: A difference of 210.33 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2835

0.2492

JanuMarcMayJulySeptNove

GMD to NAD 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 0.2765, compared to 0.2566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 0.2765

H2 Avg (Jul–Dec) 0.2566

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0172 NAD (High: 0.2672 / Low: 0.2500). On the other end, March was the most stable month, with a tight range of 0.0078 NAD (High: 0.2813 / Low: 0.2735).

August Spread (Volatile) ±0.0172

March Spread (Stable) ±0.0078

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 0.0106 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2807) against the same month in 2023 (average: 0.2927), the exchange rate shifted by -0.0120 (-4.09%).

2024 Avg (February) 0.2807

2023 Avg (February) 0.2927

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2846	0.2750	0.2792
February	0.2858	0.2759	0.2807
March	0.2813	0.2735	0.2775
April	0.2826	0.2725	0.2782
May	0.2751	0.2669	0.2713
June	0.2809	0.2640	0.2720
July	0.2725	0.2622	0.2689
August	0.2672	0.2500	0.2583
September	0.2579	0.2455	0.2533
October	0.2596	0.2483	0.2537
November	0.2570	0.2438	0.2520
December	0.2620	0.2453	0.2538