2023 GMD to SEK Historical Review

YEARLY HIGH

0.1850 SEK

YEARLY LOW

0.1476 SEK

YEARLY AVERAGE

0.1707 SEK

2023 GMD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.1850. Conversely, the yearly low was recorded on December 27, dropping to 0.1476.

This high-to-low spread represents a total annual volatility of 0.0374 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1675 to the December average rate of 0.1521, the exchange rate registered a net change of -9.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1850 was down 10.62% compared to the 2022 peak of 0.2069, 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 925 SEK

2022 Average 914 SEK

Yearly Trough Low 738 SEK

Transaction Impact: A difference of 187.02 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1838

0.1492

JanuMarcMayJulySeptNove

GMD to SEK 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 0.1722, compared to 0.1691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1722

H2 Avg (Jul–Dec) 0.1691

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0183 SEK (High: 0.1716 / Low: 0.1533). On the other end, June was the most stable month, with a tight range of 0.0048 SEK (High: 0.1835 / Low: 0.1787).

November Spread (Volatile) ±0.0183

June Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between January and March, 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 0.0116 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1796) against the same month in 2022 (average: 0.1983), the exchange rate shifted by -0.0187 (-9.43%).

2023 Avg (September) 0.1796

2022 Avg (September) 0.1983

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1721	0.1639	0.1675
February	0.1740	0.1674	0.1711
March	0.1754	0.1666	0.1712
April	0.1712	0.1648	0.1673
May	0.1825	0.1686	0.1754
June	0.1835	0.1787	0.1809
July	0.1839	0.1707	0.1765
August	0.1816	0.1751	0.1788
September	0.1850	0.1681	0.1796
October	0.1714	0.1658	0.1680
November	0.1716	0.1533	0.1597
December	0.1557	0.1476	0.1521