2023 SYP to GMD Historical Review

YEARLY HIGH

0.0268 GMD

YEARLY LOW

0.0236 GMD

YEARLY AVERAGE

0.0248 GMD

2023 SYP to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.0268. Conversely, the yearly low was recorded on June 13, dropping to 0.0236.

This high-to-low spread represents a total annual volatility of 0.0032 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0247 to the December average rate of 0.0268, the exchange rate registered a net change of 8.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0268 was up 8.01% compared to the 2022 peak of 0.0248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 134 GMD

2022 Average 110 GMD

Yearly Trough Low 118 GMD

Transaction Impact: A difference of 16.17 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0271

0.0234

JanuMarcMayJulySeptNove

SYP 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 0.0243, compared to 0.0253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0243

H2 Avg (Jul–Dec) 0.0253

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0018 GMD (High: 0.0259 / Low: 0.0241). On the other end, June was the most stable month, with a tight range of 0.0001 GMD (High: 0.0237 / Low: 0.0236).

September Spread (Volatile) ±0.0018

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0008 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0268) against the same month in 2022 (average: 0.0247), the exchange rate shifted by +0.0021 (+8.52%).

2023 Avg (December) 0.0268

2022 Avg (December) 0.0247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0249	0.0243	0.0247
February	0.0245	0.0243	0.0243
March	0.0247	0.0243	0.0244
April	0.0248	0.0239	0.0246
May	0.0240	0.0237	0.0238
June	0.0237	0.0236	0.0237
July	0.0239	0.0237	0.0237
August	0.0242	0.0240	0.0241
September	0.0259	0.0241	0.0246
October	0.0263	0.0256	0.0261
November	0.0268	0.0259	0.0266
December	0.0268	0.0267	0.0268