YEARLY HIGH
0.4325 AFN
YEARLY LOW
0.3300 AFN
YEARLY AVERAGE
0.3936 AFN

2023 GYD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.4325. Conversely, the yearly low was recorded on November 22, dropping to 0.3300.

This high-to-low spread represents a total annual volatility of 0.1024 AFN. From a start-to-finish perspective, comparing the January average rate of 0.4237 to the December average rate of 0.3339, the exchange rate registered a net change of -21.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4325 was down 14.28% compared to the 2022 peak of 0.5045, 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 2,162 AFN
2022 Average 2,151 AFN
Yearly Trough Low 1,650 AFN
Transaction Impact: A difference of 512.14 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4339
0.3248
JanuMarcMayJulySeptNove

GYD to AFN 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 0.4164, compared to 0.3709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0454 points.

H1 Avg (Jan–Jun) 0.4164
H2 Avg (Jul–Dec) 0.3709

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0388 AFN (High: 0.3893 / Low: 0.3505). On the other end, December was the most stable month, with a tight range of 0.0067 AFN (High: 0.3374 / Low: 0.3306).

September Spread (Volatile) ±0.0388
December Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0307 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0307

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.4099) against the same month in 2022 (average: 0.4176), the exchange rate shifted by -0.0077 (-1.85%).

2023 Avg (April) 0.4099
2022 Avg (April) 0.4176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4303 0.4190 0.4237
February 0.4310 0.4160 0.4248
March 0.4241 0.4056 0.4158
April 0.4325 0.4030 0.4099
May 0.4202 0.4082 0.4138
June 0.4140 0.4028 0.4100
July 0.4188 0.4051 0.4128
August 0.4139 0.3878 0.4034
September 0.3893 0.3505 0.3727
October 0.3745 0.3507 0.3611
November 0.3562 0.3300 0.3417
December 0.3374 0.3306 0.3339