YEARLY HIGH
0.0177 AED
YEARLY LOW
0.0172 AED
YEARLY AVERAGE
0.0175 AED

2023 GYD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0177. Conversely, the yearly low was recorded on February 5, dropping to 0.0172.

This high-to-low spread represents a total annual volatility of 0.0005 AED. From a start-to-finish perspective, comparing the January average rate of 0.0175 to the December average rate of 0.0175, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0177 was down 0.39% compared to the 2022 peak of 0.0178, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89 AED
2022 Average 88 AED
Yearly Trough Low 86 AED
Transaction Impact: A difference of 2.27 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0176
0.0173
JanuMarcMayJulySeptNove

GYD to AED 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 0.0174, compared to 0.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0174
H2 Avg (Jul–Dec) 0.0175

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0003 AED (High: 0.0177 / Low: 0.0174). On the other end, May was the most stable month, with a tight range of 0.0001 AED (High: 0.0174 / Low: 0.0173).

November Spread (Volatile) ±0.0003
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and November, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0176) against the same month in 2022 (average: 0.0176), the exchange rate shifted by -0.0000 (-0.06%).

2023 Avg (November) 0.0176
2022 Avg (November) 0.0176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0176 0.0174 0.0175
February 0.0175 0.0172 0.0174
March 0.0177 0.0174 0.0174
April 0.0175 0.0173 0.0174
May 0.0174 0.0173 0.0174
June 0.0175 0.0173 0.0174
July 0.0176 0.0174 0.0175
August 0.0177 0.0174 0.0175
September 0.0176 0.0175 0.0176
October 0.0176 0.0175 0.0176
November 0.0177 0.0174 0.0176
December 0.0176 0.0174 0.0175