2024 GYD to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 GYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |