YEARLY HIGH
0.8560 DJF
YEARLY LOW
0.8308 DJF
YEARLY AVERAGE
0.8463 DJF

2023 GYD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 0.8560. Conversely, the yearly low was recorded on April 29, dropping to 0.8308.

This high-to-low spread represents a total annual volatility of 0.0251 DJF. From a start-to-finish perspective, comparing the January average rate of 0.8477 to the December average rate of 0.8501, the exchange rate registered a net change of 0.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8560 was down 0.21% compared to the 2022 peak of 0.8578, 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 4,280 DJF
2022 Average 4,254 DJF
Yearly Trough Low 4,154 DJF
Transaction Impact: A difference of 125.67 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8520
0.8393
JanuMarcMayJulySeptNove

GYD to DJF 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 0.8429, compared to 0.8496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.8429
H2 Avg (Jul–Dec) 0.8496

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0155 DJF (High: 0.8516 / Low: 0.8361). On the other end, October was the most stable month, with a tight range of 0.0044 DJF (High: 0.8524 / Low: 0.8481).

February Spread (Volatile) ±0.0155
October Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0042 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.8500) against the same month in 2022 (average: 0.8513), the exchange rate shifted by -0.0013 (-0.16%).

2023 Avg (August) 0.8500
2022 Avg (August) 0.8513

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8510 0.8418 0.8477
February 0.8516 0.8361 0.8434
March 0.8478 0.8420 0.8432
April 0.8430 0.8308 0.8404
May 0.8442 0.8398 0.8413
June 0.8449 0.8366 0.8416
July 0.8524 0.8372 0.8467
August 0.8560 0.8438 0.8500
September 0.8557 0.8487 0.8510
October 0.8524 0.8481 0.8503
November 0.8534 0.8422 0.8495
December 0.8548 0.8470 0.8501