YEARLY HIGH
0.3230 GMD
YEARLY LOW
0.2802 GMD
YEARLY AVERAGE
0.2965 GMD

2023 GYD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.3230. Conversely, the yearly low was recorded on June 13, dropping to 0.2802.

This high-to-low spread represents a total annual volatility of 0.0428 GMD. From a start-to-finish perspective, comparing the January average rate of 0.2958 to the December average rate of 0.3215, the exchange rate registered a net change of 8.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3230 was up 8.19% compared to the 2022 peak of 0.2986, 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 1,615 GMD
2022 Average 1,324 GMD
Yearly Trough Low 1,401 GMD
Transaction Impact: A difference of 213.83 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3255
0.2773
JanuMarcMayJulySeptNove

GYD to GMD 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 0.2889, compared to 0.3040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0152 points.

H1 Avg (Jan–Jun) 0.2889
H2 Avg (Jul–Dec) 0.3040

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0224 GMD (High: 0.3109 / Low: 0.2885). On the other end, June was the most stable month, with a tight range of 0.0028 GMD (High: 0.2831 / Low: 0.2802).

September Spread (Volatile) ±0.0224
June Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0099 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3199) against the same month in 2022 (average: 0.2927), the exchange rate shifted by +0.0272 (+9.30%).

2023 Avg (November) 0.3199
2022 Avg (November) 0.2927

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2984 0.2923 0.2958
February 0.2920 0.2871 0.2895
March 0.2956 0.2891 0.2914
April 0.2961 0.2835 0.2926
May 0.2847 0.2813 0.2828
June 0.2831 0.2802 0.2813
July 0.2866 0.2815 0.2843
August 0.2909 0.2872 0.2894
September 0.3109 0.2885 0.2955
October 0.3157 0.3070 0.3137
November 0.3230 0.3109 0.3199
December 0.3223 0.3182 0.3215