YEARLY HIGH
0.1288 SBD
YEARLY LOW
0.1161 SBD
YEARLY AVERAGE
0.1225 SBD

2024 GMD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.1288. Conversely, the yearly low was recorded on November 5, dropping to 0.1161.

This high-to-low spread represents a total annual volatility of 0.0127 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1251 to the December average rate of 0.1167, the exchange rate registered a net change of -6.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1288 was down 9.59% compared to the 2023 peak of 0.1425, 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 644 SBD
2023 Average 671 SBD
Yearly Trough Low 580 SBD
Transaction Impact: A difference of 63.75 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1261
0.1158
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 0.1250, compared to 0.1200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.1250
H2 Avg (Jul–Dec) 0.1200

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0051 SBD (High: 0.1288 / Low: 0.1237). On the other end, June was the most stable month, with a tight range of 0.0008 SBD (High: 0.1253 / Low: 0.1245).

March Spread (Volatile) ±0.0051
June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and May, 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 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1246) against the same month in 2023 (average: 0.1341), the exchange rate shifted by -0.0094 (-7.04%).

2024 Avg (March) 0.1246
2023 Avg (March) 0.1341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1257 0.1239 0.1251
February 0.1264 0.1245 0.1250
March 0.1288 0.1237 0.1246
April 0.1258 0.1243 0.1249
May 0.1256 0.1248 0.1252
June 0.1253 0.1245 0.1249
July 0.1251 0.1214 0.1246
August 0.1234 0.1184 0.1214
September 0.1217 0.1174 0.1199
October 0.1228 0.1184 0.1199
November 0.1187 0.1161 0.1175
December 0.1180 0.1162 0.1167