2023 GYD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 GYD to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the GYD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 76.1796. Conversely, the yearly low was recorded on April 30, dropping to 69.3679.
This high-to-low spread represents a total annual volatility of 6.8117 IDR. From a start-to-finish perspective, comparing the January average rate of 72.6941 to the December average rate of 73.9083, the exchange rate registered a net change of 1.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 76.1796 was up 0.42% compared to the 2022 peak of 75.8586, 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 IDR 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 71.4066, compared to 73.6588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2522 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 3.8373 IDR (High: 74.6179 / Low: 70.7805). On the other end, August was the most stable month, with a tight range of 1.1481 IDR (High: 73.4794 / Low: 72.3313).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.2469 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 75.3458) against the same month in 2022 (average: 73.7905), the exchange rate shifted by +1.5553 (+2.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 74.6179 | 70.7805 | 72.6941 |
| February | 72.3869 | 70.5995 | 71.8664 |
| March | 73.8951 | 70.9347 | 72.6072 |
| April | 71.0590 | 69.3679 | 70.3603 |
| May | 70.9670 | 69.3870 | 70.2297 |
| June | 71.3352 | 70.1792 | 70.6816 |
| July | 72.5719 | 70.9847 | 71.7702 |
| August | 73.4794 | 72.3313 | 72.9366 |
| September | 74.3738 | 72.7108 | 73.4976 |
| October | 76.1796 | 73.7157 | 75.3458 |
| November | 76.0202 | 73.2961 | 74.4940 |
| December | 74.6969 | 73.3638 | 73.9083 |