YEARLY HIGH
0.9039 LRD
YEARLY LOW
0.7221 LRD
YEARLY AVERAGE
0.8311 LRD

2023 GYD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.9039. Conversely, the yearly low was recorded on February 5, dropping to 0.7221.

This high-to-low spread represents a total annual volatility of 0.1818 LRD. From a start-to-finish perspective, comparing the January average rate of 0.7410 to the December average rate of 0.8985, the exchange rate registered a net change of 21.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9039 was up 21.35% compared to the 2022 peak of 0.7449, 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 4,519 LRD
2022 Average 3,653 LRD
Yearly Trough Low 3,610 LRD
Transaction Impact: A difference of 908.96 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9143
0.7252
JanuMarcMayJulySeptNove

GYD to LRD 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 0.7711, compared to 0.8911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1200 points.

H1 Avg (Jan–Jun) 0.7711
H2 Avg (Jul–Dec) 0.8911

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0531 LRD (High: 0.8515 / Low: 0.7984). On the other end, October was the most stable month, with a tight range of 0.0064 LRD (High: 0.8969 / Low: 0.8905).

June Spread (Volatile) ±0.0531
October Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.8981) against the same month in 2022 (average: 0.7362), the exchange rate shifted by +0.1619 (+21.99%).

2023 Avg (November) 0.8981
2022 Avg (November) 0.7362

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7475 0.7351 0.7410
February 0.7537 0.7221 0.7414
March 0.7741 0.7282 0.7570
April 0.7814 0.7668 0.7717
May 0.8000 0.7827 0.7899
June 0.8515 0.7984 0.8258
July 0.8918 0.8515 0.8756
August 0.8981 0.8826 0.8901
September 0.8941 0.8876 0.8908
October 0.8969 0.8905 0.8935
November 0.9039 0.8890 0.8981
December 0.9004 0.8909 0.8985