YEARLY HIGH
0.0924 NAD
YEARLY LOW
0.0821 NAD
YEARLY AVERAGE
0.0876 NAD

2024 GYD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.0924. Conversely, the yearly low was recorded on September 29, dropping to 0.0821.

This high-to-low spread represents a total annual volatility of 0.0103 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0898 to the December average rate of 0.0872, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0924 was down 4.46% compared to the 2023 peak of 0.0967, 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 462 NAD
2023 Average 440 NAD
Yearly Trough Low 411 NAD
Transaction Impact: A difference of 51.27 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0913
0.0833
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 0.0895, compared to 0.0857 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0895
H2 Avg (Jul–Dec) 0.0857

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0058 NAD (High: 0.0902 / Low: 0.0844). On the other end, October was the most stable month, with a tight range of 0.0021 NAD (High: 0.0848 / Low: 0.0828).

December Spread (Volatile) ±0.0058
October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0907) against the same month in 2023 (average: 0.0847), the exchange rate shifted by +0.0059 (+6.99%).

2024 Avg (February) 0.0907
2023 Avg (February) 0.0847

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0916 0.0882 0.0898
February 0.0924 0.0882 0.0907
March 0.0916 0.0868 0.0901
April 0.0918 0.0883 0.0903
May 0.0890 0.0864 0.0879
June 0.0910 0.0857 0.0881
July 0.0883 0.0860 0.0872
August 0.0888 0.0843 0.0863
September 0.0859 0.0821 0.0842
October 0.0848 0.0828 0.0840
November 0.0872 0.0833 0.0857
December 0.0902 0.0844 0.0872