YEARLY HIGH
161.5235 GYD
YEARLY LOW
152.3529 GYD
YEARLY AVERAGE
156.5538 GYD

2023 BND to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 161.5235. Conversely, the yearly low was recorded on October 21, dropping to 152.3529.

This high-to-low spread represents a total annual volatility of 9.1706 GYD. From a start-to-finish perspective, comparing the January average rate of 158.0426 to the December average rate of 157.2419, the exchange rate registered a net change of -0.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 161.5235 was up 3.57% compared to the 2022 peak of 155.9496, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 807,617 GYD
2022 Average 759,002 GYD
Yearly Trough Low 761,765 GYD
Transaction Impact: A difference of 45,852.79 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

159.5105
152.2156
JanuMarcMayJulySeptNove

BND 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 157.9501, compared to 155.1575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7925 points.

H1 Avg (Jan–Jun) 157.9501
H2 Avg (Jul–Dec) 155.1575

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.5598 GYD (High: 160.8516 / Low: 155.2918). On the other end, October was the most stable month, with a tight range of 1.3048 GYD (High: 153.6577 / Low: 152.3529).

January Spread (Volatile) ±5.5598
October Spread (Stable) ±1.3048

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.2540 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.2540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 158.4527) against the same month in 2022 (average: 155.3507), the exchange rate shifted by +3.1020 (+2.00%).

2023 Avg (February) 158.4527
2022 Avg (February) 155.3507

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 160.8516 155.2918 158.0426
February 161.5235 156.4039 158.4527
March 159.0570 155.7399 157.2640
April 160.2827 158.1832 158.9026
May 159.6829 156.0563 157.8971
June 158.2485 155.7591 157.1415
July 159.1416 155.0976 157.2414
August 156.9177 153.9791 154.9874
September 154.9546 152.6196 153.5577
October 153.6577 152.3529 152.8235
November 157.0588 152.6896 155.0933
December 158.9233 155.7205 157.2419