YEARLY HIGH
57.9812 GYD
YEARLY LOW
56.4928 GYD
YEARLY AVERAGE
57.2167 GYD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 289,906 GYD
2022 Average 284,823 GYD
Yearly Trough Low 282,464 GYD
Transaction Impact: A difference of 7,442.11 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

57.6375
56.8714
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 57.4346
H2 Avg (Jul–Dec) 56.9988

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±1.0053
May Spread (Stable) ±0.2855

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4460

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (February) 57.4535
2022 Avg (February) 56.9448

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