YEARLY HIGH
0.0046 EUR
YEARLY LOW
0.0042 EUR
YEARLY AVERAGE
0.0044 EUR

2023 GYD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.0046. Conversely, the yearly low was recorded on May 6, dropping to 0.0042.

This high-to-low spread represents a total annual volatility of 0.0003 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0044 to the December average rate of 0.0044, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0046 was down 8.47% compared to the 2022 peak of 0.0050, 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 23 EUR
2022 Average 23 EUR
Yearly Trough Low 21 EUR
Transaction Impact: A difference of 1.70 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0045
0.0043
JanuMarcMayJulySeptNove

GYD to EUR 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 0.0044, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0044
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0002 EUR (High: 0.0044 / Low: 0.0042). On the other end, October was the most stable month, with a tight range of 0.0001 EUR (High: 0.0046 / Low: 0.0045).

May Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0045) against the same month in 2022 (average: 0.0049), the exchange rate shifted by -0.0003 (-6.91%).

2023 Avg (October) 0.0045
2022 Avg (October) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0045 0.0043 0.0044
February 0.0045 0.0043 0.0044
March 0.0045 0.0043 0.0044
April 0.0044 0.0042 0.0043
May 0.0044 0.0042 0.0043
June 0.0044 0.0043 0.0044
July 0.0044 0.0042 0.0043
August 0.0044 0.0043 0.0044
September 0.0045 0.0044 0.0045
October 0.0046 0.0045 0.0045
November 0.0045 0.0043 0.0044
December 0.0044 0.0043 0.0044