YEARLY HIGH
0.8432 GMD
YEARLY LOW
0.7523 GMD
YEARLY AVERAGE
0.7902 GMD

2024 KGS to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 0.8432. Conversely, the yearly low was recorded on February 25, dropping to 0.7523.

This high-to-low spread represents a total annual volatility of 0.0910 GMD. From a start-to-finish perspective, comparing the January average rate of 0.7539 to the December average rate of 0.8263, the exchange rate registered a net change of 9.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8432 was up 11.04% compared to the 2023 peak of 0.7594, 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 4,216 GMD
2023 Average 3,545 GMD
Yearly Trough Low 3,761 GMD
Transaction Impact: A difference of 454.83 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8335
0.7467
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 0.7629, compared to 0.8175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0546 points.

H1 Avg (Jan–Jun) 0.7629
H2 Avg (Jul–Dec) 0.8175

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0425 GMD (High: 0.8271 / Low: 0.7846). On the other end, March was the most stable month, with a tight range of 0.0015 GMD (High: 0.7601 / Low: 0.7586).

July Spread (Volatile) ±0.0425
March Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0129 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.8249) against the same month in 2023 (average: 0.6981), the exchange rate shifted by +0.1268 (+18.17%).

2024 Avg (September) 0.8249
2023 Avg (September) 0.6981

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7559 0.7529 0.7539
February 0.7602 0.7523 0.7560
March 0.7601 0.7586 0.7593
April 0.7649 0.7589 0.7623
May 0.7728 0.7640 0.7680
June 0.7840 0.7711 0.7781
July 0.8271 0.7846 0.7977
August 0.8390 0.8051 0.8200
September 0.8432 0.8101 0.8249
October 0.8294 0.7935 0.8121
November 0.8333 0.8150 0.8240
December 0.8295 0.8180 0.8263