YEARLY HIGH
0.0684 PLN
YEARLY LOW
0.0540 PLN
YEARLY AVERAGE
0.0579 PLN

2024 GMD to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0684. Conversely, the yearly low was recorded on August 27, dropping to 0.0540.

This high-to-low spread represents a total annual volatility of 0.0144 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0597 to the December average rate of 0.0568, the exchange rate registered a net change of -4.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0684 was down 6.65% compared to the 2023 peak of 0.0733, 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 342 PLN
2023 Average 338 PLN
Yearly Trough Low 270 PLN
Transaction Impact: A difference of 72.25 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0602
0.0549
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 0.0590, compared to 0.0568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0590
H2 Avg (Jul–Dec) 0.0568

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0097 PLN (High: 0.0684 / Low: 0.0587). On the other end, March was the most stable month, with a tight range of 0.0013 PLN (High: 0.0589 / Low: 0.0576).

January Spread (Volatile) ±0.0097
March Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0597) against the same month in 2023 (average: 0.0699), the exchange rate shifted by -0.0102 (-14.54%).

2024 Avg (January) 0.0597
2023 Avg (January) 0.0699

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0684 0.0587 0.0597
February 0.0600 0.0585 0.0593
March 0.0589 0.0576 0.0583
April 0.0605 0.0577 0.0591
May 0.0596 0.0577 0.0585
June 0.0604 0.0578 0.0593
July 0.0594 0.0570 0.0582
August 0.0578 0.0540 0.0557
September 0.0561 0.0545 0.0553
October 0.0581 0.0556 0.0572
November 0.0586 0.0557 0.0573
December 0.0575 0.0560 0.0568