YEARLY HIGH
0.0069 CAD
YEARLY LOW
0.0063 CAD
YEARLY AVERAGE
0.0065 CAD

2024 GYD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0069. Conversely, the yearly low was recorded on March 13, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0006 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0068, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0069 was up 4.11% compared to the 2023 peak of 0.0066, 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 35 CAD
2023 Average 32 CAD
Yearly Trough Low 31 CAD
Transaction Impact: A difference of 3.12 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0069
0.0064
JanuMarcMayJulySeptNove

GYD to CAD 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 0.0065, compared to 0.0066 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) 0.0065
H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 CAD (High: 0.0067 / Low: 0.0064). On the other end, May was the most stable month, with a tight range of 0.0001 CAD (High: 0.0066 / Low: 0.0065).

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

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0068) against the same month in 2023 (average: 0.0064), the exchange rate shifted by +0.0004 (+6.53%).

2024 Avg (December) 0.0068
2023 Avg (December) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0065 0.0063 0.0064
February 0.0065 0.0064 0.0064
March 0.0065 0.0063 0.0065
April 0.0066 0.0065 0.0065
May 0.0066 0.0065 0.0065
June 0.0066 0.0065 0.0066
July 0.0066 0.0065 0.0066
August 0.0067 0.0064 0.0065
September 0.0065 0.0064 0.0065
October 0.0067 0.0065 0.0066
November 0.0067 0.0066 0.0067
December 0.0069 0.0067 0.0068