YEARLY HIGH
281.0051 GYD
YEARLY LOW
258.2181 GYD
YEARLY AVERAGE
267.3989 GYD

2024 FKP to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 281.0051. Conversely, the yearly low was recorded on April 20, dropping to 258.2181.

This high-to-low spread represents a total annual volatility of 22.7869 GYD. From a start-to-finish perspective, comparing the January average rate of 265.9505 to the December average rate of 264.2094, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 281.0051 was up 2.20% compared to the 2023 peak of 274.9668, 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 1,405,025 GYD
2023 Average 1,306,973 GYD
Yearly Trough Low 1,291,091 GYD
Transaction Impact: A difference of 113,934.70 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

278.1133
260.2904
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 264.7211, compared to 270.0768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.3557 points.

H1 Avg (Jan–Jun) 264.7211
H2 Avg (Jul–Dec) 270.0768

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 12.1888 GYD (High: 277.2989 / Low: 265.1101). On the other end, January was the most stable month, with a tight range of 3.2351 GYD (High: 267.4002 / Low: 264.1651).

August Spread (Volatile) ±12.1888
January Spread (Stable) ±3.2351

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 6.3210 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -6.3210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 276.6281) against the same month in 2023 (average: 259.1393), the exchange rate shifted by +17.4888 (+6.75%).

2024 Avg (September) 276.6281
2023 Avg (September) 259.1393

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 267.4002 264.1651 265.9505
February 266.4797 262.5216 264.3745
March 273.9020 262.3867 266.0322
April 265.4886 258.2181 261.7756
May 267.5435 261.5791 264.3494
June 268.0493 263.6935 265.8443
July 272.0448 264.5658 269.1705
August 277.2989 265.1101 270.6360
September 281.0051 272.6935 276.6281
October 277.3487 269.5554 273.0689
November 272.9338 262.0827 266.7479
December 267.5119 261.5093 264.2094