2023 FKP to GYD Historical Review

YEARLY HIGH

274.9668 GYD

YEARLY LOW

249.4306 GYD

YEARLY AVERAGE

261.3498 GYD

2023 FKP to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 274.9668. Conversely, the yearly low was recorded on January 5, dropping to 249.4306.

This high-to-low spread represents a total annual volatility of 25.5361 GYD. From a start-to-finish perspective, comparing the January average rate of 256.7622 to the December average rate of 265.3426, the exchange rate registered a net change of 3.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 274.9668 was down 4.20% compared to the 2022 peak of 287.0298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,374,834 GYD

2022 Average 1,293,974 GYD

Yearly Trough Low 1,247,153 GYD

Transaction Impact: A difference of 127,680.70 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

271.8034

253.0024

JanuMarcMayJulySeptNove

FKP 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 260.1975, compared to 262.5022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3048 points.

H1 Avg (Jan–Jun) 260.1975

H2 Avg (Jul–Dec) 262.5022

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 12.7441 GYD (High: 262.1747 / Low: 249.4306). On the other end, August was the most stable month, with a tight range of 4.9426 GYD (High: 268.0022 / Low: 263.0596).

January Spread (Volatile) ±12.7441

August Spread (Stable) ±4.9426

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 6.7075 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -6.7075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 270.2367) against the same month in 2022 (average: 251.2299), the exchange rate shifted by +19.0068 (+7.57%).

2023 Avg (July) 270.2367

2022 Avg (July) 251.2299

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	262.1747	249.4306	256.7622
February	261.3584	251.9312	254.5883
March	261.2879	249.4893	255.7602
April	265.9295	259.2642	263.0652
May	267.2477	260.4200	263.7622
June	271.4874	262.4826	267.2467
July	274.9668	266.7768	270.2367
August	268.0022	263.0596	265.8468
September	264.4728	254.1105	259.1393
October	258.0445	253.0567	254.5691
November	265.7925	254.5700	259.8790
December	267.9673	262.7711	265.3426