YEARLY HIGH
0.0185 PEN
YEARLY LOW
0.0169 PEN
YEARLY AVERAGE
0.0178 PEN

2023 GYD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.0185. Conversely, the yearly low was recorded on July 18, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0016 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0182 to the December average rate of 0.0178, the exchange rate registered a net change of -2.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0185 was down 3.44% compared to the 2022 peak of 0.0192, 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 93 PEN
2022 Average 92 PEN
Yearly Trough Low 85 PEN
Transaction Impact: A difference of 7.91 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0185
0.0170
JanuMarcMayJulySeptNove

GYD to PEN 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 0.0178, compared to 0.0178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0178
H2 Avg (Jul–Dec) 0.0178

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0007 PEN (High: 0.0185 / Low: 0.0178). On the other end, March was the most stable month, with a tight range of 0.0002 PEN (High: 0.0180 / Low: 0.0178).

November Spread (Volatile) ±0.0007
March Spread (Stable) ±0.0002

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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0184) against the same month in 2022 (average: 0.0190), the exchange rate shifted by -0.0007 (-3.43%).

2023 Avg (October) 0.0184
2022 Avg (October) 0.0190

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0185 0.0180 0.0182
February 0.0185 0.0180 0.0182
March 0.0180 0.0178 0.0179
April 0.0179 0.0174 0.0178
May 0.0176 0.0172 0.0174
June 0.0175 0.0171 0.0172
July 0.0174 0.0169 0.0171
August 0.0178 0.0172 0.0176
September 0.0181 0.0177 0.0178
October 0.0185 0.0181 0.0184
November 0.0185 0.0178 0.0180
December 0.0181 0.0176 0.0178