2023 GMD to SRD Historical Review

YEARLY HIGH

0.6448 SRD

YEARLY LOW

0.5080 SRD

YEARLY AVERAGE

0.5883 SRD

2023 GMD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.6448. Conversely, the yearly low was recorded on January 8, dropping to 0.5080.

This high-to-low spread represents a total annual volatility of 0.1368 SRD. From a start-to-finish perspective, comparing the January average rate of 0.5130 to the December average rate of 0.5548, the exchange rate registered a net change of 8.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6448 was up 24.86% compared to the 2022 peak of 0.5164, 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 3,224 SRD

2022 Average 2,177 SRD

Yearly Trough Low 2,540 SRD

Transaction Impact: A difference of 683.99 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6494

0.5006

JanuMarcMayJulySeptNove

GMD to SRD 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 0.5778, compared to 0.5988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 0.5778

H2 Avg (Jul–Dec) 0.5988

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0481 SRD (High: 0.6360 / Low: 0.5879). On the other end, August was the most stable month, with a tight range of 0.0112 SRD (High: 0.6387 / Low: 0.6275).

September Spread (Volatile) ±0.0481

August Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0387 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.6370) against the same month in 2022 (average: 0.4235), the exchange rate shifted by +0.2135 (+50.40%).

2023 Avg (July) 0.6370

2022 Avg (July) 0.4235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5302	0.5080	0.5130
February	0.5556	0.5246	0.5370
March	0.5808	0.5474	0.5635
April	0.6222	0.5753	0.5947
May	0.6328	0.6196	0.6247
June	0.6436	0.6266	0.6338
July	0.6448	0.6208	0.6370
August	0.6387	0.6275	0.6317
September	0.6360	0.5879	0.6201
October	0.5953	0.5761	0.5814
November	0.5865	0.5617	0.5679
December	0.5627	0.5457	0.5548