YEARLY HIGH
0.0998 MXN
YEARLY LOW
0.0779 MXN
YEARLY AVERAGE
0.0876 MXN

2024 GYD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0998. Conversely, the yearly low was recorded on March 13, dropping to 0.0779.

This high-to-low spread represents a total annual volatility of 0.0219 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0815 to the December average rate of 0.0969, the exchange rate registered a net change of 18.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0998 was up 7.09% compared to the 2023 peak of 0.0932, 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 499 MXN
2023 Average 422 MXN
Yearly Trough Low 390 MXN
Transaction Impact: A difference of 109.36 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0988
0.0784
JanuMarcMayJulySeptNove

GYD to MXN 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 0.0818, compared to 0.0933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.0818
H2 Avg (Jul–Dec) 0.0933

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0085 MXN (High: 0.0897 / Low: 0.0811). On the other end, February was the most stable month, with a tight range of 0.0010 MXN (High: 0.0822 / Low: 0.0812).

June Spread (Volatile) ±0.0085
February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0969) against the same month in 2023 (average: 0.0819), the exchange rate shifted by +0.0149 (+18.19%).

2024 Avg (December) 0.0969
2023 Avg (December) 0.0819

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0827 0.0805 0.0815
February 0.0822 0.0812 0.0817
March 0.0816 0.0779 0.0801
April 0.0822 0.0782 0.0803
May 0.0814 0.0791 0.0803
June 0.0897 0.0811 0.0869
July 0.0897 0.0843 0.0866
August 0.0946 0.0892 0.0916
September 0.0960 0.0913 0.0937
October 0.0963 0.0918 0.0940
November 0.0991 0.0947 0.0971
December 0.0998 0.0960 0.0969