YEARLY HIGH
0.1425 SBD
YEARLY LOW
0.1244 SBD
YEARLY AVERAGE
0.1342 SBD

2023 GMD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 0.1425. Conversely, the yearly low was recorded on November 12, dropping to 0.1244.

This high-to-low spread represents a total annual volatility of 0.0181 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1332 to the December average rate of 0.1256, the exchange rate registered a net change of -5.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1425 was down 7.17% compared to the 2022 peak of 0.1535, 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 712 SBD
2022 Average 736 SBD
Yearly Trough Low 622 SBD
Transaction Impact: A difference of 90.26 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1417
0.1241
JanuMarcMayJulySeptNove

GMD to SBD 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 0.1359, compared to 0.1324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.1359
H2 Avg (Jul–Dec) 0.1324

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0108 SBD (High: 0.1396 / Low: 0.1288). On the other end, August was the most stable month, with a tight range of 0.0011 SBD (High: 0.1386 / Low: 0.1375).

September Spread (Volatile) ±0.0108
August Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0075 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1403) against the same month in 2022 (average: 0.1509), the exchange rate shifted by -0.0106 (-7.05%).

2023 Avg (July) 0.1403
2022 Avg (July) 0.1509

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1346 0.1320 0.1332
February 0.1353 0.1338 0.1348
March 0.1355 0.1324 0.1341
April 0.1390 0.1325 0.1341
May 0.1399 0.1379 0.1393
June 0.1409 0.1396 0.1401
July 0.1425 0.1391 0.1403
August 0.1386 0.1375 0.1381
September 0.1396 0.1288 0.1360
October 0.1302 0.1274 0.1285
November 0.1296 0.1244 0.1261
December 0.1265 0.1250 0.1256