2023 BBD to GYD Historical Review

YEARLY HIGH

106.4828 GYD

YEARLY LOW

103.7494 GYD

YEARLY AVERAGE

105.0729 GYD

2023 BBD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 106.4828. Conversely, the yearly low was recorded on November 5, dropping to 103.7494.

This high-to-low spread represents a total annual volatility of 2.7334 GYD. From a start-to-finish perspective, comparing the January average rate of 104.8481 to the December average rate of 104.7442, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 106.4828 was up 0.82% compared to the 2022 peak of 105.6179, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 532,414 GYD

2022 Average 523,081 GYD

Yearly Trough Low 518,747 GYD

Transaction Impact: A difference of 13,667.05 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

105.8508

104.4392

JanuMarcMayJulySeptNove

BBD 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 105.4702, compared to 104.6756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7946 points.

H1 Avg (Jan–Jun) 105.4702

H2 Avg (Jul–Dec) 104.6756

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.8444 GYD (High: 105.5939 / Low: 103.7494). On the other end, May was the most stable month, with a tight range of 0.5273 GYD (High: 105.9480 / Low: 105.4208).

November Spread (Volatile) ±1.8444

May Spread (Stable) ±0.5273

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 0.8181 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 105.5130) against the same month in 2022 (average: 104.5808), the exchange rate shifted by +0.9321 (+0.89%).

2023 Avg (February) 105.5130

2022 Avg (February) 104.5808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	105.5905	104.2540	104.8481
February	106.4828	104.9036	105.5130
March	105.6145	104.0258	105.3459
April	105.8864	105.0193	105.6828
May	105.9480	105.4208	105.6982
June	106.1530	105.0980	105.7332
July	105.7974	104.2812	104.9151
August	105.5106	103.9401	104.6552
September	104.8317	104.2347	104.5975
October	104.9198	104.1405	104.5849
November	105.5939	103.7494	104.5568
December	105.2615	104.5931	104.7442