2023 FJD to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FJD to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FJD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 98.0744. Conversely, the yearly low was recorded on November 18, dropping to 90.9591.
This high-to-low spread represents a total annual volatility of 7.1153 GYD. From a start-to-finish perspective, comparing the January average rate of 96.2846 to the December average rate of 94.5671, the exchange rate registered a net change of -1.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 98.0744 was down 2.66% compared to the 2022 peak of 100.7551, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
FJD 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 95.5009, compared to 93.0533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4475 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 3.8840 GYD (High: 98.0744 / Low: 94.1904). On the other end, October was the most stable month, with a tight range of 1.4869 GYD (High: 92.6489 / Low: 91.1620).
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 1.8287 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 96.2846) against the same month in 2022 (average: 98.1882), the exchange rate shifted by -1.9036 (-1.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 98.0744 | 94.1904 | 96.2846 |
| February | 97.9603 | 94.7253 | 96.1883 |
| March | 95.6197 | 93.7858 | 94.9923 |
| April | 96.3962 | 94.2474 | 95.5052 |
| May | 96.5131 | 93.8837 | 95.0205 |
| June | 96.3391 | 93.5475 | 95.0143 |
| July | 96.3778 | 93.5961 | 94.6106 |
| August | 94.3526 | 91.0902 | 92.7819 |
| September | 92.6898 | 91.0955 | 92.1173 |
| October | 92.6489 | 91.1620 | 91.6858 |
| November | 93.9537 | 90.9591 | 92.5573 |
| December | 95.9290 | 93.4038 | 94.5671 |