YEARLY HIGH
351.4540 SLL
YEARLY LOW
282.7531 SLL
YEARLY AVERAGE
306.1052 SLL

2023 GMD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 351.4540. Conversely, the yearly low was recorded on January 23, dropping to 282.7531.

This high-to-low spread represents a total annual volatility of 68.7008 SLL. From a start-to-finish perspective, comparing the January average rate of 284.8078 to the December average rate of 311.3404, the exchange rate registered a net change of 9.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 351.4540 was up 17.69% compared to the 2022 peak of 298.6348, 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 1,757,270 SLL
2022 Average 1,233,116 SLL
Yearly Trough Low 1,413,766 SLL
Transaction Impact: A difference of 343,504.25 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

352.2558
278.6762
JanuMarcMayJulySeptNove

GMD to SLL 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 289.9791, compared to 322.2314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.2523 points.

H1 Avg (Jan–Jun) 289.9791
H2 Avg (Jul–Dec) 322.2314

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 55.5578 SLL (High: 351.4540 / Low: 295.8961). On the other end, June was the most stable month, with a tight range of 1.6982 SLL (High: 297.8921 / Low: 296.1938).

July Spread (Volatile) ±55.5578
June Spread (Stable) ±1.6982

Growth Streaks & Declines

Trends

Between April and August, 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 19.9065 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -19.9065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 303.3134) against the same month in 2022 (average: 250.2802), the exchange rate shifted by +53.0332 (+21.19%).

2023 Avg (July) 303.3134
2022 Avg (July) 250.2802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 288.8818 282.7531 284.8078
February 289.5902 286.7695 289.1203
March 289.4952 284.1403 287.7726
April 294.6622 283.5474 285.6573
May 296.6415 293.4385 295.5285
June 297.8921 296.1938 296.9880
July 351.4540 295.8961 303.3134
August 347.3209 344.6097 346.1242
September 346.8900 322.3597 339.4997
October 325.7398 317.7197 319.5932
November 322.3597 311.4668 313.5177
December 313.0243 311.0048 311.3404