YEARLY HIGH
106.3194 GYD
YEARLY LOW
103.4106 GYD
YEARLY AVERAGE
104.3096 GYD

2023 BZD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 106.3194. Conversely, the yearly low was recorded on December 16, dropping to 103.4106.

This high-to-low spread represents a total annual volatility of 2.9088 GYD. From a start-to-finish perspective, comparing the January average rate of 104.0305 to the December average rate of 103.8206, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 106.3194 was up 1.37% compared to the 2022 peak of 104.8836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 531,597 GYD
2022 Average 519,046 GYD
Yearly Trough Low 517,053 GYD
Transaction Impact: A difference of 14,543.99 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

105.0826
103.6900
JanuMarcMayJulySeptNove

BZD 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 104.7193, compared to 103.8999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8194 points.

H1 Avg (Jan–Jun) 104.7193
H2 Avg (Jul–Dec) 103.8999

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 1.5539 GYD (High: 106.3194 / Low: 104.7655). On the other end, February was the most stable month, with a tight range of 0.0096 GYD (High: 104.6844 / Low: 104.6749).

April Spread (Volatile) ±1.5539
February Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between January and April, 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 0.7052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 104.9666) against the same month in 2022 (average: 103.7943), the exchange rate shifted by +1.1723 (+1.13%).

2023 Avg (April) 104.9666
2022 Avg (April) 103.7943

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 104.6829 103.7851 104.0305
February 104.6844 104.6749 104.6792
March 105.2477 104.6364 104.7864
April 106.3194 104.7655 104.9666
May 104.9774 104.8890 104.9262
June 104.9343 104.9219 104.9271
July 104.9285 103.7902 104.2219
August 104.6771 103.6409 103.8404
September 103.8759 103.7809 103.8060
October 104.1389 103.7665 103.8447
November 104.6870 103.7857 103.8656
December 103.8892 103.4106 103.8206