YEARLY HIGH
0.4032 GYD
YEARLY LOW
0.3536 GYD
YEARLY AVERAGE
0.3882 GYD

2023 CRC to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.4032. Conversely, the yearly low was recorded on January 1, dropping to 0.3536.

This high-to-low spread represents a total annual volatility of 0.0496 GYD. From a start-to-finish perspective, comparing the January average rate of 0.3651 to the December average rate of 0.3989, the exchange rate registered a net change of 9.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4032 was up 11.87% compared to the 2022 peak of 0.3604, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,016 GYD
2022 Average 1,624 GYD
Yearly Trough Low 1,768 GYD
Transaction Impact: A difference of 248.06 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4023
0.3617
JanuMarcMayJulySeptNove

CRC 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 0.3841, compared to 0.3924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.3841
H2 Avg (Jul–Dec) 0.3924

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0284 GYD (High: 0.3820 / Low: 0.3536). On the other end, June was the most stable month, with a tight range of 0.0044 GYD (High: 0.3939 / Low: 0.3895).

January Spread (Volatile) ±0.0284
June Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0032 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3989) against the same month in 2022 (average: 0.3550), the exchange rate shifted by +0.0439 (+12.36%).

2023 Avg (December) 0.3989
2022 Avg (December) 0.3550

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3820 0.3536 0.3651
February 0.3826 0.3624 0.3735
March 0.3911 0.3774 0.3862
April 0.3982 0.3901 0.3946
May 0.3961 0.3890 0.3933
June 0.3939 0.3895 0.3916
July 0.3910 0.3821 0.3885
August 0.3943 0.3840 0.3889
September 0.3949 0.3880 0.3906
October 0.3959 0.3908 0.3933
November 0.3979 0.3917 0.3942
December 0.4032 0.3953 0.3989