2023 CAD to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CAD to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CAD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 160.8974. Conversely, the yearly low was recorded on October 28, dropping to 150.4978.
This high-to-low spread represents a total annual volatility of 10.3997 GYD. From a start-to-finish perspective, comparing the January average rate of 156.2614 to the December average rate of 156.2240, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 160.8974 was down 4.26% compared to the 2022 peak of 168.0632, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CAD to GYD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 156.4423, compared to 154.9219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5204 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 5.6326 GYD (High: 158.6495 / Low: 153.0169). On the other end, July was the most stable month, with a tight range of 2.6232 GYD (High: 159.9991 / Low: 157.3759).
Growth Streaks & Declines
TrendsBetween 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 3.3766 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 159.1478) against the same month in 2022 (average: 163.3654), the exchange rate shifted by -4.2176 (-2.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 158.6495 | 153.0169 | 156.2614 |
| February | 158.9411 | 154.5885 | 156.8136 |
| March | 155.9895 | 151.0740 | 153.7909 |
| April | 158.5029 | 154.5434 | 156.3780 |
| May | 158.2744 | 154.3665 | 156.2620 |
| June | 160.8974 | 156.9838 | 159.1478 |
| July | 159.9991 | 157.3759 | 158.6018 |
| August | 157.7081 | 153.6627 | 155.2251 |
| September | 155.7614 | 152.8547 | 154.3858 |
| October | 154.4612 | 150.4978 | 152.5356 |
| November | 154.3386 | 151.0447 | 152.5592 |
| December | 158.9404 | 153.9121 | 156.2240 |