YEARLY HIGH
0.0331 BOB
YEARLY LOW
0.0327 BOB
YEARLY AVERAGE
0.0329 BOB

2023 GYD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0331. Conversely, the yearly low was recorded on May 7, dropping to 0.0327.

This high-to-low spread represents a total annual volatility of 0.0005 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0330 to the December average rate of 0.0330, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0331 was down 0.51% compared to the 2022 peak of 0.0333, 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 166 BOB
2022 Average 165 BOB
Yearly Trough Low 163 BOB
Transaction Impact: A difference of 2.41 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0331
0.0326
JanuMarcMayJulySeptNove

GYD to BOB 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 0.0327, compared to 0.0330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0327
H2 Avg (Jul–Dec) 0.0330

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0005 BOB (High: 0.0331 / Low: 0.0327). On the other end, February was the most stable month, with a tight range of 0.0000 BOB (High: 0.0327 / Low: 0.0327).

July Spread (Volatile) ±0.0005
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0330) against the same month in 2022 (average: 0.0330), the exchange rate shifted by -0.0000 (-0.02%).

2023 Avg (December) 0.0330
2022 Avg (December) 0.0330

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0330 0.0327 0.0330
February 0.0327 0.0327 0.0327
March 0.0328 0.0327 0.0328
April 0.0328 0.0327 0.0327
May 0.0327 0.0327 0.0327
June 0.0327 0.0327 0.0327
July 0.0331 0.0327 0.0329
August 0.0331 0.0327 0.0330
September 0.0330 0.0330 0.0330
October 0.0330 0.0329 0.0330
November 0.0330 0.0327 0.0330
December 0.0331 0.0330 0.0330