2023 GYD to JMD Historical Review

YEARLY HIGH

0.7475 JMD

YEARLY LOW

0.7113 JMD

YEARLY AVERAGE

0.7332 JMD

2023 GYD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.7475. Conversely, the yearly low was recorded on April 3, dropping to 0.7113.

This high-to-low spread represents a total annual volatility of 0.0362 JMD. From a start-to-finish perspective, comparing the January average rate of 0.7290 to the December average rate of 0.7414, the exchange rate registered a net change of 1.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7475 was down 0.53% compared to the 2022 peak of 0.7514, 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 3,737 JMD

2022 Average 3,666 JMD

Yearly Trough Low 3,556 JMD

Transaction Impact: A difference of 181.06 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7451

0.7175

JanuMarcMayJulySeptNove

GYD to JMD 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 0.7267, compared to 0.7396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 0.7267

H2 Avg (Jul–Dec) 0.7396

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0160 JMD (High: 0.7298 / Low: 0.7139). On the other end, September was the most stable month, with a tight range of 0.0041 JMD (High: 0.7409 / Low: 0.7368).

March Spread (Volatile) ±0.0160

September Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0100 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.7428) against the same month in 2022 (average: 0.7352), the exchange rate shifted by +0.0076 (+1.03%).

2023 Avg (November) 0.7428

2022 Avg (November) 0.7352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7332	0.7217	0.7290
February	0.7322	0.7263	0.7309
March	0.7298	0.7139	0.7210
April	0.7257	0.7113	0.7198
May	0.7329	0.7233	0.7290
June	0.7339	0.7252	0.7306
July	0.7396	0.7275	0.7351
August	0.7432	0.7320	0.7387
September	0.7409	0.7368	0.7387
October	0.7436	0.7385	0.7408
November	0.7475	0.7370	0.7428
December	0.7465	0.7379	0.7414