2023 AED to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AED to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AED to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 57.9812. Conversely, the yearly low was recorded on November 5, dropping to 56.4928.
This high-to-low spread represents a total annual volatility of 1.4884 GYD. From a start-to-finish perspective, comparing the January average rate of 57.0918 to the December average rate of 57.0420, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 57.9812 was up 0.82% compared to the 2022 peak of 57.5102, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AED based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AED to GYD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 57.4346, compared to 56.9988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4358 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 1.0053 GYD (High: 57.4981 / Low: 56.4928). On the other end, May was the most stable month, with a tight range of 0.2855 GYD (High: 57.7027 / Low: 57.4171).
Growth Streaks & Declines
TrendsBetween March and June, 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 June and July, when the average rate fell by 0.4460 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 57.4535) against the same month in 2022 (average: 56.9448), the exchange rate shifted by +0.5087 (+0.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 57.4954 | 56.7673 | 57.0918 |
| February | 57.9812 | 57.1215 | 57.4535 |
| March | 57.5135 | 56.6450 | 57.3668 |
| April | 57.6635 | 57.1908 | 57.5553 |
| May | 57.7027 | 57.4171 | 57.5667 |
| June | 57.8028 | 57.2274 | 57.5736 |
| July | 57.6080 | 56.7818 | 57.1277 |
| August | 57.4506 | 56.5963 | 56.9856 |
| September | 57.0817 | 56.7585 | 56.9546 |
| October | 57.1305 | 56.7055 | 56.9476 |
| November | 57.4981 | 56.4928 | 56.9352 |
| December | 57.3220 | 56.9591 | 57.0420 |