Grace can be defined as an unmerited Divine assistance given unto man for sanctification or regeneration. It is a spontaneous (generous, free, totally unexpected and undeserved) gift from God, which takes the form of Divine favour, love, clemency, and a share in the Divine life of God.
Peace can be defined as freedom from disturbance, a state or period in which there is no war or in which war has ended. Both grace and peace are virtues and blessings that come from God. Jehovah is the Giver of all grace (I Peter 5:10); and He is also the Giver of true and lasting peace (Heb. 13:10).
God told Moses that it was His prerogative to decide who He wants to be gracious unto or to show mercy. It happened that God showed Moses special grace and granted him peace in the course of his life and ministry (Exodus 33:12-2). Moses led over two million people through the desert, in difficult terrains for forty years, whenever he was faced with difficulty, God always showed up for him.
Despite the kind of grace and peace Moses enjoyed, Joshua received a multiplied version, nothing and no one was able to withstand Joshua in his lifetime (Joshua 1:5; 24:31).
Again, David was able to enjoy the grace and peace of God, despite the wars and persecution he faced. He was still gathered peacefully to his ancestors in death. However, Solomon was privilege to enjoy grace and peace multiplied, despite the way he was born (I Chro. 22:9).
God has granted us special grace and peace from the inception of this year; He is however saying that for the remaining days of this year, His grace and peace will be made multiplied unto us. May these be our portion in Jesus name. Amen!