2023 GYD to CVE Historical Review

YEARLY HIGH

0.5046 CVE

YEARLY LOW

0.4661 CVE

YEARLY AVERAGE

0.4858 CVE

2023 GYD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.5046. Conversely, the yearly low was recorded on July 18, dropping to 0.4661.

This high-to-low spread represents a total annual volatility of 0.0385 CVE. From a start-to-finish perspective, comparing the January average rate of 0.4888 to the December average rate of 0.4829, the exchange rate registered a net change of -1.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5046 was down 9.63% compared to the 2022 peak of 0.5584, 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 2,523 CVE

2022 Average 2,512 CVE

Yearly Trough Low 2,331 CVE

Transaction Impact: A difference of 192.36 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5019

0.4734

JanuMarcMayJulySeptNove

GYD to CVE 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 0.4844, compared to 0.4873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.4844

H2 Avg (Jul–Dec) 0.4873

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0213 CVE (High: 0.5020 / Low: 0.4807). On the other end, October was the most stable month, with a tight range of 0.0089 CVE (High: 0.5046 / Low: 0.4957).

November Spread (Volatile) ±0.0213

October Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0128 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4995) against the same month in 2022 (average: 0.5390), the exchange rate shifted by -0.0395 (-7.34%).

2023 Avg (October) 0.4995

2022 Avg (October) 0.5390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5006	0.4801	0.4888
February	0.4949	0.4781	0.4884
March	0.4959	0.4804	0.4892
April	0.4813	0.4714	0.4764
May	0.4885	0.4735	0.4809
June	0.4953	0.4763	0.4825
July	0.4818	0.4661	0.4758
August	0.4879	0.4778	0.4831
September	0.5006	0.4859	0.4937
October	0.5046	0.4957	0.4995
November	0.5020	0.4807	0.4890
December	0.4938	0.4749	0.4829