YEARLY HIGH
13.6474 BIF
YEARLY LOW
9.7464 BIF
YEARLY AVERAGE
12.1182 BIF

2023 GYD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 13.6474. Conversely, the yearly low was recorded on April 30, dropping to 9.7464.

This high-to-low spread represents a total annual volatility of 3.9010 BIF. From a start-to-finish perspective, comparing the January average rate of 9.8664 to the December average rate of 13.6081, the exchange rate registered a net change of 37.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.6474 was up 37.81% compared to the 2022 peak of 9.9033, 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 68,237 BIF
2022 Average 48,801 BIF
Yearly Trough Low 48,732 BIF
Transaction Impact: A difference of 19,504.98 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.9865
9.4461
JanuMarcMayJulySeptNove

GYD to BIF 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 10.6800, compared to 13.5563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8763 points.

H1 Avg (Jan–Jun) 10.6800
H2 Avg (Jul–Dec) 13.5563

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 3.5100 BIF (High: 13.3471 / Low: 9.8371). On the other end, December was the most stable month, with a tight range of 0.0411 BIF (High: 13.6288 / Low: 13.5877).

May Spread (Volatile) ±3.5100
December Spread (Stable) ±0.0411

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0420 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 13.5694) against the same month in 2022 (average: 9.8407), the exchange rate shifted by +3.7287 (+37.89%).

2023 Avg (October) 13.5694
2022 Avg (October) 9.8407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.9142 9.7631 9.8664
February 9.8464 9.7784 9.8244
March 9.8806 9.8150 9.8544
April 9.8806 9.7464 9.8376
May 13.3471 9.8371 11.3180
June 13.4410 13.3363 13.3793
July 13.5598 13.3426 13.4849
August 13.6308 13.4343 13.5402
September 13.6088 13.5287 13.5563
October 13.6474 13.5347 13.5694
November 13.6311 13.4730 13.5792
December 13.6288 13.5877 13.6081