YEARLY HIGH
0.7594 GMD
YEARLY LOW
0.6770 GMD
YEARLY AVERAGE
0.7090 GMD

2023 KGS to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.7594. Conversely, the yearly low was recorded on June 13, dropping to 0.6770.

This high-to-low spread represents a total annual volatility of 0.0823 GMD. From a start-to-finish perspective, comparing the January average rate of 0.7248 to the December average rate of 0.7556, the exchange rate registered a net change of 4.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7594 was up 2.85% compared to the 2022 peak of 0.7383, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KGS based on timing:

Yearly Peak High 3,797 GMD
2022 Average 3,298 GMD
Yearly Trough Low 3,385 GMD
Transaction Impact: A difference of 411.71 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7632
0.6724
JanuMarcMayJulySeptNove

KGS to GMD 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 0.7000, compared to 0.7180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 0.7000
H2 Avg (Jul–Dec) 0.7180

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0510 GMD (High: 0.7333 / Low: 0.6823). On the other end, August was the most stable month, with a tight range of 0.0043 GMD (High: 0.6903 / Low: 0.6860).

September Spread (Volatile) ±0.0510
August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0236 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.7503) against the same month in 2022 (average: 0.7282), the exchange rate shifted by +0.0221 (+3.03%).

2023 Avg (November) 0.7503
2022 Avg (November) 0.7282

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7389 0.7104 0.7248
February 0.7150 0.6978 0.7026
March 0.7112 0.6980 0.7022
April 0.7121 0.6850 0.7070
May 0.6895 0.6799 0.6834
June 0.6831 0.6770 0.6801
July 0.6841 0.6783 0.6800
August 0.6903 0.6860 0.6878
September 0.7333 0.6823 0.6981
October 0.7389 0.7257 0.7364
November 0.7594 0.7283 0.7503
December 0.7582 0.7524 0.7556