2023 GYD to ETB Historical Review

YEARLY HIGH

0.2691 ETB

YEARLY LOW

0.2534 ETB

YEARLY AVERAGE

0.2605 ETB

2023 GYD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 0.2691. Conversely, the yearly low was recorded on January 27, dropping to 0.2534.

This high-to-low spread represents a total annual volatility of 0.0158 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2558 to the December average rate of 0.2681, the exchange rate registered a net change of 4.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2691 was up 4.96% compared to the 2022 peak of 0.2564, 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 1,346 ETB

2022 Average 1,241 ETB

Yearly Trough Low 1,267 ETB

Transaction Impact: A difference of 78.79 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2694

0.2532

JanuMarcMayJulySeptNove

GYD to ETB 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 0.2562, compared to 0.2648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.2562

H2 Avg (Jul–Dec) 0.2648

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0050 ETB (High: 0.2631 / Low: 0.2581). On the other end, March was the most stable month, with a tight range of 0.0008 ETB (High: 0.2556 / Low: 0.2548).

July Spread (Volatile) ±0.0050

March Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0013 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2681) against the same month in 2022 (average: 0.2558), the exchange rate shifted by +0.0123 (+4.81%).

2023 Avg (December) 0.2681

2022 Avg (December) 0.2558

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2571	0.2534	0.2558
February	0.2553	0.2536	0.2545
March	0.2556	0.2548	0.2551
April	0.2577	0.2534	0.2563
May	0.2582	0.2561	0.2572
June	0.2592	0.2570	0.2581
July	0.2631	0.2581	0.2613
August	0.2640	0.2611	0.2632
September	0.2645	0.2635	0.2640
October	0.2676	0.2640	0.2659
November	0.2685	0.2643	0.2666
December	0.2691	0.2662	0.2681