YEARLY HIGH
0.1477 GMD
YEARLY LOW
0.1292 GMD
YEARLY AVERAGE
0.1365 GMD

2023 KZT to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1477. Conversely, the yearly low was recorded on September 21, dropping to 0.1292.

This high-to-low spread represents a total annual volatility of 0.0185 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1341 to the December average rate of 0.1467, the exchange rate registered a net change of 9.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1477 was up 9.86% compared to the 2022 peak of 0.1345, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 739 GMD
2022 Average 601 GMD
Yearly Trough Low 646 GMD
Transaction Impact: A difference of 92.67 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1482
0.1304
JanuMarcMayJulySeptNove

KZT 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 0.1348, compared to 0.1381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1348
H2 Avg (Jul–Dec) 0.1381

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0101 GMD (High: 0.1417 / Low: 0.1316). On the other end, December was the most stable month, with a tight range of 0.0025 GMD (High: 0.1477 / Low: 0.1452).

March Spread (Volatile) ±0.0101
December Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1467) against the same month in 2022 (average: 0.1328), the exchange rate shifted by +0.0139 (+10.48%).

2023 Avg (December) 0.1467
2022 Avg (December) 0.1328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1351 0.1321 0.1341
February 0.1375 0.1319 0.1353
March 0.1417 0.1316 0.1361
April 0.1404 0.1314 0.1370
May 0.1358 0.1323 0.1340
June 0.1339 0.1310 0.1326
July 0.1349 0.1319 0.1340
August 0.1365 0.1307 0.1337
September 0.1371 0.1292 0.1319
October 0.1401 0.1345 0.1377
November 0.1470 0.1385 0.1444
December 0.1477 0.1452 0.1467