2023 GYD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 GYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |