YEARLY HIGH
0.0127 XDR
YEARLY LOW
0.0111 XDR
YEARLY AVERAGE
0.0120 XDR

2023 GMD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.0127. Conversely, the yearly low was recorded on December 27, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0016 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0120 to the December average rate of 0.0111, the exchange rate registered a net change of -7.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0127 was down 11.17% compared to the 2022 peak of 0.0143, 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 63 XDR
2022 Average 66 XDR
Yearly Trough Low 55 XDR
Transaction Impact: A difference of 8.03 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0127
0.0110
JanuMarcMayJulySeptNove

GMD to XDR 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 0.0122, compared to 0.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0122
H2 Avg (Jul–Dec) 0.0119

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0008 XDR (High: 0.0125 / Low: 0.0117). On the other end, August was the most stable month, with a tight range of 0.0002 XDR (High: 0.0124 / Low: 0.0122).

September Spread (Volatile) ±0.0008
August Spread (Stable) ±0.0002

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 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0126) against the same month in 2022 (average: 0.0135), the exchange rate shifted by -0.0009 (-6.63%).

2023 Avg (June) 0.0126
2022 Avg (June) 0.0135

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0122 0.0119 0.0120
February 0.0123 0.0120 0.0122
March 0.0123 0.0120 0.0122
April 0.0123 0.0118 0.0120
May 0.0126 0.0123 0.0124
June 0.0127 0.0125 0.0126
July 0.0126 0.0124 0.0125
August 0.0124 0.0122 0.0124
September 0.0125 0.0117 0.0122
October 0.0119 0.0115 0.0116
November 0.0117 0.0111 0.0113
December 0.0113 0.0111 0.0111