YEARLY HIGH
0.0096 BBD
YEARLY LOW
0.0094 BBD
YEARLY AVERAGE
0.0095 BBD

2023 GYD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0096. Conversely, the yearly low was recorded on February 5, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0002 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0095 to the December average rate of 0.0095, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0096 was down 0.39% compared to the 2022 peak of 0.0097, 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 48 BBD
2022 Average 48 BBD
Yearly Trough Low 47 BBD
Transaction Impact: A difference of 1.24 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0096
0.0094
JanuMarcMayJulySeptNove

GYD to BBD 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 0.0095, compared to 0.0096 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) 0.0095
H2 Avg (Jul–Dec) 0.0096

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0002 BBD (High: 0.0096 / Low: 0.0095). On the other end, May was the most stable month, with a tight range of 0.0000 BBD (High: 0.0095 / Low: 0.0094).

November Spread (Volatile) ±0.0002
May Spread (Stable) ±0.0000

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: 0.0096) against the same month in 2022 (average: 0.0096), the exchange rate shifted by -0.0000 (-0.06%).

2023 Avg (November) 0.0096
2022 Avg (November) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0096 0.0095 0.0095
February 0.0095 0.0094 0.0095
March 0.0096 0.0095 0.0095
April 0.0095 0.0094 0.0095
May 0.0095 0.0094 0.0095
June 0.0095 0.0094 0.0095
July 0.0096 0.0095 0.0095
August 0.0096 0.0095 0.0096
September 0.0096 0.0095 0.0096
October 0.0096 0.0095 0.0096
November 0.0096 0.0095 0.0096
December 0.0096 0.0095 0.0095