YEARLY HIGH
0.0035 GMD
YEARLY LOW
0.0028 GMD
YEARLY AVERAGE
0.0033 GMD

2023 SLL to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.0035. Conversely, the yearly low was recorded on July 29, dropping to 0.0028.

This high-to-low spread represents a total annual volatility of 0.0007 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0032, the exchange rate registered a net change of -8.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0035 was down 24.68% compared to the 2022 peak of 0.0047, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 GMD
2022 Average 20 GMD
Yearly Trough Low 14 GMD
Transaction Impact: A difference of 3.46 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0036
0.0028
JanuMarcMayJulySeptNove

SLL 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 0.0034, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0034
H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0005 GMD (High: 0.0034 / Low: 0.0028). On the other end, June was the most stable month, with a tight range of 0.0000 GMD (High: 0.0034 / Low: 0.0034).

July Spread (Volatile) ±0.0005
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0035) against the same month in 2022 (average: 0.0047), the exchange rate shifted by -0.0011 (-24.53%).

2023 Avg (January) 0.0035
2022 Avg (January) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0035 0.0035 0.0035
February 0.0035 0.0035 0.0035
March 0.0035 0.0035 0.0035
April 0.0035 0.0034 0.0035
May 0.0034 0.0034 0.0034
June 0.0034 0.0034 0.0034
July 0.0034 0.0028 0.0033
August 0.0029 0.0029 0.0029
September 0.0031 0.0029 0.0029
October 0.0031 0.0031 0.0031
November 0.0032 0.0031 0.0032
December 0.0032 0.0032 0.0032