YEARLY HIGH
3.0300 GYD
YEARLY LOW
2.3124 GYD
YEARLY AVERAGE
2.5579 GYD

2023 AFN to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 3.0300. Conversely, the yearly low was recorded on April 18, dropping to 2.3124.

This high-to-low spread represents a total annual volatility of 0.7177 GYD. From a start-to-finish perspective, comparing the January average rate of 2.3600 to the December average rate of 2.9949, the exchange rate registered a net change of 26.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0300 was up 23.54% compared to the 2022 peak of 2.4526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,150 GYD
2022 Average 11,653 GYD
Yearly Trough Low 11,562 GYD
Transaction Impact: A difference of 3,588.30 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0590
2.2899
JanuMarcMayJulySeptNove

AFN 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 2.4024, compared to 2.7134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3110 points.

H1 Avg (Jan–Jun) 2.4024
H2 Avg (Jul–Dec) 2.7134

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.2842 GYD (High: 2.8527 / Low: 2.5684). On the other end, December was the most stable month, with a tight range of 0.0603 GYD (High: 3.0244 / Low: 2.9641).

September Spread (Volatile) ±0.2842
December Spread (Stable) ±0.0603

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0236 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.9284) against the same month in 2022 (average: 2.3773), the exchange rate shifted by +0.5511 (+23.18%).

2023 Avg (November) 2.9284
2022 Avg (November) 2.3773

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3866 2.3238 2.3600
February 2.4037 2.3201 2.3540
March 2.4657 2.3582 2.4052
April 2.4812 2.3124 2.4400
May 2.4499 2.3796 2.4164
June 2.4828 2.4152 2.4390
July 2.4685 2.3876 2.4225
August 2.5785 2.4160 2.4797
September 2.8527 2.5684 2.6853
October 2.8513 2.6699 2.7698
November 3.0300 2.8077 2.9284
December 3.0244 2.9641 2.9949