YEARLY HIGH
13.7807 CDF
YEARLY LOW
12.6967 CDF
YEARLY AVERAGE
13.4557 CDF

2024 GYD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 13.7807. Conversely, the yearly low was recorded on January 20, dropping to 12.6967.

This high-to-low spread represents a total annual volatility of 1.0840 CDF. From a start-to-finish perspective, comparing the January average rate of 13.0061 to the December average rate of 13.6487, the exchange rate registered a net change of 4.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.7807 was up 3.30% compared to the 2023 peak of 13.3411, 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 68,904 CDF
2023 Average 55,625 CDF
Yearly Trough Low 63,484 CDF
Transaction Impact: A difference of 5,419.89 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.7392
12.9394
JanuMarcMayJulySeptNove

GYD to CDF 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 13.2778, compared to 13.6335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3557 points.

H1 Avg (Jan–Jun) 13.2778
H2 Avg (Jul–Dec) 13.6335

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.4478 CDF (High: 13.1445 / Low: 12.6967). On the other end, September was the most stable month, with a tight range of 0.1469 CDF (High: 13.6978 / Low: 13.5510).

January Spread (Volatile) ±0.4478
September Spread (Stable) ±0.1469

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0239 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 13.6726) against the same month in 2023 (average: 12.1614), the exchange rate shifted by +1.5112 (+12.43%).

2024 Avg (November) 13.6726
2023 Avg (November) 12.1614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.1445 12.6967 13.0061
February 13.2408 13.0665 13.1691
March 13.3522 12.9672 13.2522
April 13.4721 13.2638 13.3405
May 13.5058 13.3160 13.3631
June 13.6326 13.3638 13.5359
July 13.7209 13.5137 13.5972
August 13.7505 13.4763 13.6289
September 13.6978 13.5510 13.6125
October 13.7566 13.5625 13.6411
November 13.7807 13.5841 13.6726
December 13.7451 13.5979 13.6487