YEARLY HIGH
0.0377 HKD
YEARLY LOW
0.0368 HKD
YEARLY AVERAGE
0.0373 HKD

2023 GYD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0377. Conversely, the yearly low was recorded on February 5, dropping to 0.0368.

This high-to-low spread represents a total annual volatility of 0.0009 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0373 to the December average rate of 0.0373, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0377 was down 0.65% compared to the 2022 peak of 0.0380, 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 189 HKD
2022 Average 187 HKD
Yearly Trough Low 184 HKD
Transaction Impact: A difference of 4.44 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0375
0.0370
JanuMarcMayJulySeptNove

GYD to HKD 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 0.0372, compared to 0.0374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0372
H2 Avg (Jul–Dec) 0.0374

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0007 HKD (High: 0.0377 / Low: 0.0370). On the other end, September was the most stable month, with a tight range of 0.0002 HKD (High: 0.0375 / Low: 0.0373).

November Spread (Volatile) ±0.0007
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and September, 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 (March 2023: 0.0373) against the same month in 2022 (average: 0.0374), the exchange rate shifted by -0.0001 (-0.35%).

2023 Avg (March) 0.0373
2022 Avg (March) 0.0374

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0375 0.0371 0.0373
February 0.0374 0.0368 0.0372
March 0.0377 0.0372 0.0373
April 0.0374 0.0371 0.0371
May 0.0372 0.0370 0.0371
June 0.0373 0.0369 0.0370
July 0.0374 0.0370 0.0373
August 0.0376 0.0371 0.0374
September 0.0375 0.0373 0.0374
October 0.0376 0.0373 0.0374
November 0.0377 0.0370 0.0373
December 0.0374 0.0371 0.0373