2023 GMD to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |