YEARLY HIGH
0.0918 MDL
YEARLY LOW
0.0823 MDL
YEARLY AVERAGE
0.0861 MDL

2023 GYD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0918. Conversely, the yearly low was recorded on December 28, dropping to 0.0823.

This high-to-low spread represents a total annual volatility of 0.0095 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0906 to the December average rate of 0.0840, the exchange rate registered a net change of -7.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0918 was down 2.04% compared to the 2022 peak of 0.0937, 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 459 MDL
2022 Average 451 MDL
Yearly Trough Low 411 MDL
Transaction Impact: A difference of 47.56 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0912
0.0834
JanuMarcMayJulySeptNove

GYD to MDL 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 0.0870, compared to 0.0853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0870
H2 Avg (Jul–Dec) 0.0853

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0046 MDL (High: 0.0872 / Low: 0.0826). On the other end, October was the most stable month, with a tight range of 0.0012 MDL (High: 0.0872 / Low: 0.0860).

July Spread (Volatile) ±0.0046
October Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0906) against the same month in 2022 (average: 0.0857), the exchange rate shifted by +0.0049 (+5.71%).

2023 Avg (January) 0.0906
2022 Avg (January) 0.0857

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0918 0.0887 0.0906
February 0.0898 0.0886 0.0890
March 0.0895 0.0867 0.0883
April 0.0867 0.0844 0.0853
May 0.0850 0.0834 0.0840
June 0.0865 0.0837 0.0846
July 0.0872 0.0826 0.0853
August 0.0852 0.0829 0.0845
September 0.0872 0.0849 0.0859
October 0.0872 0.0860 0.0867
November 0.0867 0.0844 0.0854
December 0.0856 0.0823 0.0840