2023 GMD to SYP Historical Review

YEARLY HIGH

42.3698 SYP

YEARLY LOW

37.2641 SYP

YEARLY AVERAGE

40.4087 SYP

2023 GMD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 42.3698. Conversely, the yearly low was recorded on December 16, dropping to 37.2641.

This high-to-low spread represents a total annual volatility of 5.1057 SYP. From a start-to-finish perspective, comparing the January average rate of 40.5088 to the December average rate of 37.3043, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 42.3698 was down 11.28% compared to the 2022 peak of 47.7567, 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 211,849 SYP

2022 Average 227,385 SYP

Yearly Trough Low 186,320 SYP

Transaction Impact: A difference of 25,528.72 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42.7349

36.8106

JanuMarcMayJulySeptNove

GMD to SYP 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 41.2443, compared to 39.5731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6712 points.

H1 Avg (Jan–Jun) 41.2443

H2 Avg (Jul–Dec) 39.5731

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 2.9392 SYP (High: 41.5638 / Low: 38.6246). On the other end, June was the most stable month, with a tight range of 0.2415 SYP (High: 42.3698 / Low: 42.1283).

September Spread (Volatile) ±2.9392

June Spread (Stable) ±0.2415

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 2.3852 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.3852

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 42.2412) against the same month in 2022 (average: 46.4507), the exchange rate shifted by -4.2095 (-9.06%).

2023 Avg (June) 42.2412

2022 Avg (June) 46.4507

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.0883	40.2166	40.5088
February	41.1890	40.7878	41.1222
March	41.1755	40.4139	40.9305
April	41.9104	40.3295	40.6296
May	42.1919	41.7364	42.0336
June	42.3698	42.1283	42.2412
July	42.1919	41.8755	42.1260
August	41.6154	41.2906	41.4720
September	41.5638	38.6246	40.6783
October	39.0296	38.0686	38.2931
November	38.6246	37.3194	37.5652
December	37.5060	37.2641	37.3043