2023 GYD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 GYD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the GYD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 35.7355. Conversely, the yearly low was recorded on April 23, dropping to 33.6858.
This high-to-low spread represents a total annual volatility of 2.0497 PYG. From a start-to-finish perspective, comparing the January average rate of 35.1765 to the December average rate of 35.1261, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 35.7355 was up 1.74% compared to the 2022 peak of 35.1227, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
GYD to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 34.3523, compared to 35.0105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6582 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 0.9350 PYG (High: 35.7199 / Low: 34.7849). On the other end, September was the most stable month, with a tight range of 0.2055 PYG (High: 34.8853 / Low: 34.6799).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5760 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 35.5636) against the same month in 2022 (average: 34.3499), the exchange rate shifted by +1.2137 (+3.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.5548 | 34.8762 | 35.1765 |
| February | 34.9586 | 34.4568 | 34.6005 |
| March | 34.6166 | 33.8646 | 34.1166 |
| April | 34.3704 | 33.6858 | 33.8689 |
| May | 34.2609 | 33.7996 | 34.0659 |
| June | 34.4473 | 34.1118 | 34.2852 |
| July | 34.8135 | 34.2986 | 34.6126 |
| August | 34.8523 | 34.3884 | 34.7437 |
| September | 34.8853 | 34.6799 | 34.7770 |
| October | 35.7199 | 34.7849 | 35.2400 |
| November | 35.7355 | 35.2304 | 35.5636 |
| December | 35.5635 | 34.7304 | 35.1261 |