2023 GYD to INR Historical Review

YEARLY HIGH

0.4008 INR

YEARLY LOW

0.3857 INR

YEARLY AVERAGE

0.3929 INR

2023 GYD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.4008. Conversely, the yearly low was recorded on January 26, dropping to 0.3857.

This high-to-low spread represents a total annual volatility of 0.0151 INR. From a start-to-finish perspective, comparing the January average rate of 0.3897 to the December average rate of 0.3974, the exchange rate registered a net change of 1.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4008 was up 0.43% compared to the 2022 peak of 0.3991, 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 2,004 INR

2022 Average 1,878 INR

Yearly Trough Low 1,928 INR

Transaction Impact: A difference of 75.52 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3992

0.3867

JanuMarcMayJulySeptNove

GYD to INR 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 0.3896, compared to 0.3963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.3896

H2 Avg (Jul–Dec) 0.3963

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0100 INR (High: 0.3956 / Low: 0.3857). On the other end, October was the most stable month, with a tight range of 0.0032 INR (High: 0.3993 / Low: 0.3960).

January Spread (Volatile) ±0.0100

October Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between June and November, 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 0.0026 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3982) against the same month in 2022 (average: 0.3903), the exchange rate shifted by +0.0079 (+2.03%).

2023 Avg (November) 0.3982

2022 Avg (November) 0.3903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3956	0.3857	0.3897
February	0.3945	0.3867	0.3916
March	0.3967	0.3872	0.3903
April	0.3899	0.3863	0.3877
May	0.3930	0.3864	0.3894
June	0.3908	0.3870	0.3886
July	0.3946	0.3876	0.3917
August	0.3982	0.3932	0.3958
September	0.3986	0.3949	0.3970
October	0.3993	0.3960	0.3979
November	0.4008	0.3936	0.3982
December	0.3984	0.3942	0.3974