YEARLY HIGH
0.0733 PLN
YEARLY LOW
0.0577 PLN
YEARLY AVERAGE
0.0676 PLN

2023 GMD to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.0733. Conversely, the yearly low was recorded on December 27, dropping to 0.0577.

This high-to-low spread represents a total annual volatility of 0.0156 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0699 to the December average rate of 0.0589, the exchange rate registered a net change of -15.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0733 was down 18.85% compared to the 2022 peak of 0.0903, 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 366 PLN
2022 Average 403 PLN
Yearly Trough Low 289 PLN
Transaction Impact: A difference of 77.80 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0739
0.0575
JanuMarcMayJulySeptNove

GMD to PLN 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 0.0702, compared to 0.0649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0702
H2 Avg (Jul–Dec) 0.0649

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0066 PLN (High: 0.0649 / Low: 0.0583). On the other end, August was the most stable month, with a tight range of 0.0015 PLN (High: 0.0681 / Low: 0.0666).

November Spread (Volatile) ±0.0066
August Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and September, 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 0.0047 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0726) against the same month in 2022 (average: 0.0757), the exchange rate shifted by -0.0032 (-4.20%).

2023 Avg (February) 0.0726
2022 Avg (February) 0.0757

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0717 0.0664 0.0699
February 0.0733 0.0693 0.0726
March 0.0726 0.0690 0.0714
April 0.0696 0.0673 0.0684
May 0.0711 0.0687 0.0699
June 0.0705 0.0678 0.0692
July 0.0691 0.0662 0.0674
August 0.0681 0.0666 0.0675
September 0.0720 0.0669 0.0698
October 0.0679 0.0635 0.0651
November 0.0649 0.0583 0.0608
December 0.0598 0.0577 0.0589