2024 GMD to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 GMD to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the GMD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 331.5744. Conversely, the yearly low was recorded on December 13, dropping to 309.4694.
This high-to-low spread represents a total annual volatility of 22.1050 STD. From a start-to-finish perspective, comparing the January average rate of 331.1238 to the December average rate of 310.2871, the exchange rate registered a net change of -6.29% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 331.5744 was down 13.85% compared to the 2023 peak of 384.8902, 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 2024.
GMD to STD 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 329.0845, compared to 318.8354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.2491 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 14.0468 STD (High: 330.1007 / Low: 316.0539). On the other end, June was the most stable month, with a tight range of 0.1213 STD (High: 328.8827 / Low: 328.7613).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 9.4341 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 331.1238) against the same month in 2023 (average: 367.9848), the exchange rate shifted by -36.8609 (-10.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 331.5744 | 330.4679 | 331.1238 |
| February | 331.2048 | 327.7940 | 329.6072 |
| March | 328.1561 | 327.7940 | 328.0042 |
| April | 328.8827 | 327.9146 | 328.1781 |
| May | 328.8827 | 328.1561 | 328.7779 |
| June | 328.8827 | 328.7613 | 328.8158 |
| July | 328.8827 | 320.6014 | 328.5029 |
| August | 322.9246 | 313.8282 | 319.0688 |
| September | 325.2818 | 313.8282 | 320.3405 |
| October | 330.1007 | 316.0539 | 321.6422 |
| November | 316.0539 | 311.6336 | 313.1708 |
| December | 313.8282 | 309.4694 | 310.2871 |