YEARLY HIGH
0.0407 SBD
YEARLY LOW
0.0385 SBD
YEARLY AVERAGE
0.0397 SBD

2023 GYD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0407. Conversely, the yearly low was recorded on February 5, dropping to 0.0385.

This high-to-low spread represents a total annual volatility of 0.0022 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0394 to the December average rate of 0.0404, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0407 was up 2.28% compared to the 2022 peak of 0.0398, 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 204 SBD
2022 Average 194 SBD
Yearly Trough Low 192 SBD
Transaction Impact: A difference of 11.19 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0405
0.0389
JanuMarcMayJulySeptNove

GYD to SBD 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 0.0393, compared to 0.0402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0393
H2 Avg (Jul–Dec) 0.0402

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0010 SBD (High: 0.0407 / Low: 0.0398). On the other end, June was the most stable month, with a tight range of 0.0003 SBD (High: 0.0396 / Low: 0.0393).

November Spread (Volatile) ±0.0010
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0004 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0403) against the same month in 2022 (average: 0.0394), the exchange rate shifted by +0.0010 (+2.49%).

2023 Avg (November) 0.0403
2022 Avg (November) 0.0394

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0398 0.0389 0.0394
February 0.0394 0.0385 0.0390
March 0.0394 0.0389 0.0391
April 0.0396 0.0390 0.0392
May 0.0395 0.0392 0.0394
June 0.0396 0.0393 0.0394
July 0.0401 0.0394 0.0399
August 0.0403 0.0397 0.0400
September 0.0404 0.0399 0.0402
October 0.0407 0.0400 0.0403
November 0.0407 0.0398 0.0403
December 0.0406 0.0401 0.0404