YEARLY HIGH
30.6119 GYD
YEARLY LOW
30.1663 GYD
YEARLY AVERAGE
30.4220 GYD

2023 BOB to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 30.6119. Conversely, the yearly low was recorded on December 16, dropping to 30.1663.

This high-to-low spread represents a total annual volatility of 0.4456 GYD. From a start-to-finish perspective, comparing the January average rate of 30.3465 to the December average rate of 30.2826, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.6119 was up 0.39% compared to the 2022 peak of 30.4935, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 153,060 GYD
2022 Average 151,778 GYD
Yearly Trough Low 150,832 GYD
Transaction Impact: A difference of 2,228.04 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.6406
30.2488
JanuMarcMayJulySeptNove

BOB 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 30.5371, compared to 30.3069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2302 points.

H1 Avg (Jan–Jun) 30.5371
H2 Avg (Jul–Dec) 30.3069

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.4401 GYD (High: 30.6086 / Low: 30.1685). On the other end, February was the most stable month, with a tight range of 0.0021 GYD (High: 30.5368 / Low: 30.5347).

July Spread (Volatile) ±0.4401
February Spread (Stable) ±0.0021

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 0.2128 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 30.6054) against the same month in 2022 (average: 30.4262), the exchange rate shifted by +0.1792 (+0.59%).

2023 Avg (May) 30.6054
2022 Avg (May) 30.4262

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.5359 30.2754 30.3465
February 30.5368 30.5347 30.5356
March 30.5593 30.4450 30.5331
April 30.6099 30.4959 30.5942
May 30.6119 30.5403 30.6054
June 30.6102 30.6056 30.6080
July 30.6086 30.1685 30.3952
August 30.5348 30.2310 30.2916
September 30.3016 30.2755 30.2814
October 30.3775 30.2748 30.2926
November 30.5361 30.2744 30.2981
December 30.3064 30.1663 30.2826