YEARLY HIGH
0.1476 SVC
YEARLY LOW
0.1295 SVC
YEARLY AVERAGE
0.1407 SVC

2023 GMD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.1476. Conversely, the yearly low was recorded on November 19, dropping to 0.1295.

This high-to-low spread represents a total annual volatility of 0.0182 SVC. From a start-to-finish perspective, comparing the January average rate of 0.1411 to the December average rate of 0.1300, the exchange rate registered a net change of -7.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1476 was down 11.21% compared to the 2022 peak of 0.1663, 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 738 SVC
2022 Average 792 SVC
Yearly Trough Low 647 SVC
Transaction Impact: A difference of 90.76 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1488
0.1283
JanuMarcMayJulySeptNove

GMD to SVC 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 0.1436, compared to 0.1378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.1436
H2 Avg (Jul–Dec) 0.1378

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0105 SVC (High: 0.1450 / Low: 0.1345). On the other end, June was the most stable month, with a tight range of 0.0015 SVC (High: 0.1476 / Low: 0.1461).

September Spread (Volatile) ±0.0105
June Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between April and June, 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 0.0084 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1471) against the same month in 2022 (average: 0.1619), the exchange rate shifted by -0.0148 (-9.13%).

2023 Avg (June) 0.1471
2022 Avg (June) 0.1619

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1431 0.1401 0.1411
February 0.1444 0.1420 0.1432
March 0.1434 0.1403 0.1423
April 0.1459 0.1397 0.1413
May 0.1471 0.1454 0.1463
June 0.1476 0.1461 0.1471
July 0.1471 0.1454 0.1465
August 0.1454 0.1437 0.1444
September 0.1450 0.1345 0.1416
October 0.1362 0.1324 0.1333
November 0.1344 0.1295 0.1307
December 0.1313 0.1297 0.1300