YEARLY HIGH
0.0788 GYD
YEARLY LOW
0.0726 GYD
YEARLY AVERAGE
0.0743 GYD

2024 CDF to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0788. Conversely, the yearly low was recorded on November 18, dropping to 0.0726.

This high-to-low spread represents a total annual volatility of 0.0062 GYD. From a start-to-finish perspective, comparing the January average rate of 0.0769 to the December average rate of 0.0733, the exchange rate registered a net change of -4.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0788 was down 23.97% compared to the 2023 peak of 0.1036, 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 394 GYD
2023 Average 454 GYD
Yearly Trough Low 363 GYD
Transaction Impact: A difference of 30.98 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0773
0.0728
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 0.0753, compared to 0.0734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0753
H2 Avg (Jul–Dec) 0.0734

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0027 GYD (High: 0.0788 / Low: 0.0761). On the other end, December was the most stable month, with a tight range of 0.0008 GYD (High: 0.0735 / Low: 0.0728).

January Spread (Volatile) ±0.0027
December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0769) against the same month in 2023 (average: 0.1024), the exchange rate shifted by -0.0255 (-24.88%).

2024 Avg (January) 0.0769
2023 Avg (January) 0.1024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0788 0.0761 0.0769
February 0.0765 0.0755 0.0759
March 0.0771 0.0749 0.0755
April 0.0754 0.0742 0.0750
May 0.0751 0.0740 0.0748
June 0.0748 0.0734 0.0739
July 0.0740 0.0729 0.0735
August 0.0742 0.0727 0.0734
September 0.0738 0.0730 0.0735
October 0.0737 0.0727 0.0733
November 0.0736 0.0726 0.0731
December 0.0735 0.0728 0.0733