YEARLY HIGH
44.3930 GYD
YEARLY LOW
38.1841 GYD
YEARLY AVERAGE
42.1079 GYD

2023 BRL to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 44.3930. Conversely, the yearly low was recorded on January 3, dropping to 38.1841.

This high-to-low spread represents a total annual volatility of 6.2088 GYD. From a start-to-finish perspective, comparing the January average rate of 40.4356 to the December average rate of 42.7814, the exchange rate registered a net change of 5.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 44.3930 was down 2.47% compared to the 2022 peak of 45.5168, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 1,109,824 GYD
2022 Average 1,015,048 GYD
Yearly Trough Low 954,604 GYD
Transaction Impact: A difference of 155,220.70 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

44.0600
40.1061
JanuMarcMayJulySeptNove

BRL 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 41.6396, compared to 42.5761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9365 points.

H1 Avg (Jan–Jun) 41.6396
H2 Avg (Jul–Dec) 42.5761

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.4993 GYD (High: 41.6835 / Low: 38.1841). On the other end, November was the most stable month, with a tight range of 1.1894 GYD (High: 43.3430 / Low: 42.1536).

January Spread (Volatile) ±3.4993
November Spread (Stable) ±1.1894

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.0807 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.0807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 43.5874) against the same month in 2022 (average: 41.4819), the exchange rate shifted by +2.1054 (+5.08%).

2023 Avg (June) 43.5874
2022 Avg (June) 41.4819

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.6835 38.1841 40.4356
February 41.7692 39.8432 40.7459
March 41.6764 39.4082 40.4356
April 43.1095 41.5433 42.1515
May 43.2678 41.8107 42.4819
June 44.3930 42.1595 43.5874
July 44.2958 42.7059 43.7305
August 43.6638 41.9487 42.6498
September 43.0836 41.5228 42.3016
October 41.9595 40.3814 41.3223
November 43.3430 42.1536 42.6711
December 43.5275 42.1673 42.7814