2023 GYD to NAD Historical Review

YEARLY HIGH

0.0967 NAD

YEARLY LOW

0.0804 NAD

YEARLY AVERAGE

0.0880 NAD

2023 GYD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.0967. Conversely, the yearly low was recorded on January 12, dropping to 0.0804.

This high-to-low spread represents a total annual volatility of 0.0163 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0814 to the December average rate of 0.0892, the exchange rate registered a net change of 9.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0967 was up 9.23% compared to the 2022 peak of 0.0885, 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 483 NAD

2022 Average 390 NAD

Yearly Trough Low 402 NAD

Transaction Impact: A difference of 81.58 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0931

0.0804

JanuMarcMayJulySeptNove

GYD to NAD 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 0.0863, compared to 0.0898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0863

H2 Avg (Jul–Dec) 0.0898

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0079 NAD (High: 0.0948 / Low: 0.0869). On the other end, January was the most stable month, with a tight range of 0.0022 NAD (High: 0.0826 / Low: 0.0804).

November Spread (Volatile) ±0.0079

January Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0921) against the same month in 2022 (average: 0.0865), the exchange rate shifted by +0.0055 (+6.38%).

2023 Avg (October) 0.0921

2022 Avg (October) 0.0865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0826	0.0804	0.0814
February	0.0873	0.0808	0.0847
March	0.0885	0.0847	0.0868
April	0.0875	0.0840	0.0860
May	0.0933	0.0864	0.0903
June	0.0933	0.0859	0.0886
July	0.0900	0.0843	0.0870
August	0.0947	0.0873	0.0900
September	0.0919	0.0896	0.0907
October	0.0967	0.0897	0.0921
November	0.0948	0.0869	0.0897
December	0.0912	0.0868	0.0892