YEARLY HIGH
41.9639 GNF
YEARLY LOW
40.2285 GNF
YEARLY AVERAGE
41.0135 GNF

2023 GYD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 41.9639. Conversely, the yearly low was recorded on April 30, dropping to 40.2285.

This high-to-low spread represents a total annual volatility of 1.7354 GNF. From a start-to-finish perspective, comparing the January average rate of 41.3300 to the December average rate of 41.0621, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 41.9639 was down 5.94% compared to the 2022 peak of 44.6133, 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 209,820 GNF
2022 Average 210,461 GNF
Yearly Trough Low 201,142 GNF
Transaction Impact: A difference of 8,677.09 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

41.3941
40.6248
JanuMarcMayJulySeptNove

GYD to GNF 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 40.9277, compared to 41.0994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1718 points.

H1 Avg (Jan–Jun) 40.9277
H2 Avg (Jul–Dec) 41.0994

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.2957 GNF (High: 41.7253 / Low: 40.4296). On the other end, December was the most stable month, with a tight range of 0.2769 GNF (High: 41.1187 / Low: 40.8418).

February Spread (Volatile) ±1.2957
December Spread (Stable) ±0.2769

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3626 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 41.3300) against the same month in 2022 (average: 43.4906), the exchange rate shifted by -2.1606 (-4.97%).

2023 Avg (January) 41.3300
2022 Avg (January) 43.4906

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.9639 40.8051 41.3300
February 41.7253 40.4296 40.9673
March 41.6944 40.7747 40.9926
April 40.9914 40.2285 40.6889
May 41.0261 40.6392 40.7985
June 40.9987 40.6422 40.7887
July 41.3675 40.6454 41.0199
August 41.6346 40.8488 41.1403
September 41.4368 41.0000 41.1323
October 41.3087 41.0038 41.1175
November 41.3726 40.8198 41.1244
December 41.1187 40.8418 41.0621