YEARLY HIGH
0.0402 XCD
YEARLY LOW
0.0375 XCD
YEARLY AVERAGE
0.0393 XCD

2024 GMD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0402. Conversely, the yearly low was recorded on December 13, dropping to 0.0375.

This high-to-low spread represents a total annual volatility of 0.0027 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0402 to the December average rate of 0.0376, 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 0.0402 was down 11.76% compared to the 2023 peak of 0.0456, 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 201 XCD
2023 Average 217 XCD
Yearly Trough Low 188 XCD
Transaction Impact: A difference of 13.41 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0404
0.0374
JanuMarcMayJulySeptNove

GMD to XCD 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 0.0399, compared to 0.0387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0399
H2 Avg (Jul–Dec) 0.0387

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0017 XCD (High: 0.0400 / Low: 0.0383). On the other end, June was the most stable month, with a tight range of 0.0000 XCD (High: 0.0399 / Low: 0.0399).

October Spread (Volatile) ±0.0017
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between 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 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0402) against the same month in 2023 (average: 0.0436), the exchange rate shifted by -0.0034 (-7.83%).

2024 Avg (January) 0.0402
2023 Avg (January) 0.0436

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0402 0.0401 0.0402
February 0.0402 0.0398 0.0400
March 0.0398 0.0398 0.0398
April 0.0399 0.0398 0.0398
May 0.0399 0.0398 0.0399
June 0.0399 0.0399 0.0399
July 0.0399 0.0389 0.0398
August 0.0392 0.0381 0.0387
September 0.0395 0.0381 0.0389
October 0.0400 0.0383 0.0390
November 0.0383 0.0378 0.0380
December 0.0381 0.0375 0.0376