YEARLY HIGH
2.8935 SDG
YEARLY LOW
2.6085 SDG
YEARLY AVERAGE
2.8376 SDG

2023 GYD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 2.8935. Conversely, the yearly low was recorded on November 20, dropping to 2.6085.

This high-to-low spread represents a total annual volatility of 0.2850 SDG. From a start-to-finish perspective, comparing the January average rate of 2.7509 to the December average rate of 2.8689, the exchange rate registered a net change of 4.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8935 was up 3.41% compared to the 2022 peak of 2.7981, 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 14,467 SDG
2022 Average 11,926 SDG
Yearly Trough Low 13,042 SDG
Transaction Impact: A difference of 1,424.98 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8865
2.7386
JanuMarcMayJulySeptNove

GYD to SDG 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 2.8059, compared to 2.8694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0635 points.

H1 Avg (Jan–Jun) 2.8059
H2 Avg (Jul–Dec) 2.8694

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2807 SDG (High: 2.8892 / Low: 2.6085). On the other end, September was the most stable month, with a tight range of 0.0164 SDG (High: 2.8853 / Low: 2.8689).

November Spread (Volatile) ±0.2807
September Spread (Stable) ±0.0164

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0103 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 2.8730) against the same month in 2022 (average: 2.6588), the exchange rate shifted by +0.2142 (+8.05%).

2023 Avg (August) 2.8730
2022 Avg (August) 2.6588

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7913 2.7192 2.7509
February 2.7945 2.7446 2.7750
March 2.8527 2.6936 2.7990
April 2.8495 2.7074 2.8287
May 2.8493 2.8299 2.8387
June 2.8616 2.8308 2.8431
July 2.8840 2.8388 2.8646
August 2.8935 2.8481 2.8730
September 2.8853 2.8689 2.8742
October 2.8879 2.8635 2.8729
November 2.8892 2.6085 2.8626
December 2.8730 2.8548 2.8689