YEARLY HIGH
0.1036 GYD
YEARLY LOW
0.0750 GYD
YEARLY AVERAGE
0.0909 GYD

2023 CDF to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1036. Conversely, the yearly low was recorded on December 21, dropping to 0.0750.

This high-to-low spread represents a total annual volatility of 0.0286 GYD. From a start-to-finish perspective, comparing the January average rate of 0.1024 to the December average rate of 0.0770, the exchange rate registered a net change of -24.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1036 was down 1.45% compared to the 2022 peak of 0.1051, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 518 GYD
2022 Average 518 GYD
Yearly Trough Low 375 GYD
Transaction Impact: A difference of 143.21 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1049
0.0744
JanuMarcMayJulySeptNove

CDF 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 0.0991, compared to 0.0827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 0.0991
H2 Avg (Jul–Dec) 0.0827

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0130 GYD (High: 0.1036 / Low: 0.0906). On the other end, August was the most stable month, with a tight range of 0.0016 GYD (High: 0.0857 / Low: 0.0842).

May Spread (Volatile) ±0.0130
August Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0073 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0969) against the same month in 2022 (average: 0.1041), the exchange rate shifted by -0.0072 (-6.87%).

2023 Avg (May) 0.0969
2022 Avg (May) 0.1041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1034 0.1014 0.1024
February 0.1032 0.1014 0.1023
March 0.1032 0.1012 0.1019
April 0.1035 0.0969 0.1016
May 0.1036 0.0906 0.0969
June 0.0910 0.0878 0.0896
July 0.0878 0.0821 0.0850
August 0.0857 0.0842 0.0845
September 0.0852 0.0835 0.0842
October 0.0845 0.0804 0.0831
November 0.0850 0.0768 0.0823
December 0.0786 0.0750 0.0770