2023 BMD to GYD Historical Review

YEARLY HIGH

212.9657 GYD

YEARLY LOW

207.4989 GYD

YEARLY AVERAGE

210.1458 GYD

2023 BMD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 212.9657. Conversely, the yearly low was recorded on November 5, dropping to 207.4989.

This high-to-low spread represents a total annual volatility of 5.4668 GYD. From a start-to-finish perspective, comparing the January average rate of 209.6962 to the December average rate of 209.4885, 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 212.9657 was up 0.82% compared to the 2022 peak of 211.2357, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,064,828 GYD

2022 Average 1,046,163 GYD

Yearly Trough Low 1,037,494 GYD

Transaction Impact: A difference of 27,334.09 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

211.7017

208.8784

JanuMarcMayJulySeptNove

BMD 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 210.9404, compared to 209.3512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5892 points.

H1 Avg (Jan–Jun) 210.9404

H2 Avg (Jul–Dec) 209.3512

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 3.6889 GYD (High: 211.1877 / Low: 207.4989). On the other end, May was the most stable month, with a tight range of 1.0546 GYD (High: 211.8961 / Low: 210.8415).

November Spread (Volatile) ±3.6889

May Spread (Stable) ±1.0546

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 1.6363 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 211.0259) against the same month in 2022 (average: 209.1617), the exchange rate shifted by +1.8643 (+0.89%).

2023 Avg (February) 211.0259

2022 Avg (February) 209.1617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	211.1810	208.5081	209.6962
February	212.9657	209.8071	211.0259
March	211.2291	208.0516	210.6919
April	211.7728	210.0386	211.3656
May	211.8961	210.8415	211.3963
June	212.3060	210.1961	211.4664
July	211.5948	208.5624	209.8302
August	211.0212	207.8802	209.3103
September	209.6633	208.4695	209.1949
October	209.8396	208.2811	209.1697
November	211.1877	207.4989	209.1137
December	210.5230	209.1862	209.4885