2023 GYD to MVR Historical Review

YEARLY HIGH

0.0744 MVR

YEARLY LOW

0.0721 MVR

YEARLY AVERAGE

0.0731 MVR

2023 GYD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0744. Conversely, the yearly low was recorded on February 5, dropping to 0.0721.

This high-to-low spread represents a total annual volatility of 0.0023 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0734 to the December average rate of 0.0734, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0744 was down 1.09% compared to the 2022 peak of 0.0752, 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 372 MVR

2022 Average 369 MVR

Yearly Trough Low 360 MVR

Transaction Impact: A difference of 11.66 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0738

0.0724

JanuMarcMayJulySeptNove

GYD to MVR 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 0.0728, compared to 0.0735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0728

H2 Avg (Jul–Dec) 0.0735

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0022 MVR (High: 0.0744 / Low: 0.0722). On the other end, December was the most stable month, with a tight range of 0.0005 MVR (High: 0.0736 / Low: 0.0732).

November Spread (Volatile) ±0.0022

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0735) against the same month in 2022 (average: 0.0737), the exchange rate shifted by -0.0002 (-0.30%).

2023 Avg (November) 0.0735

2022 Avg (November) 0.0737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0739	0.0727	0.0734
February	0.0732	0.0721	0.0728
March	0.0740	0.0726	0.0730
April	0.0731	0.0725	0.0727
May	0.0729	0.0722	0.0726
June	0.0728	0.0723	0.0726
July	0.0737	0.0724	0.0733
August	0.0738	0.0730	0.0734
September	0.0740	0.0734	0.0737
October	0.0739	0.0732	0.0736
November	0.0744	0.0722	0.0735
December	0.0736	0.0732	0.0734