YEARLY HIGH
0.0537 SEK
YEARLY LOW
0.0475 SEK
YEARLY AVERAGE
0.0505 SEK

2023 GYD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.0537. Conversely, the yearly low was recorded on December 28, dropping to 0.0475.

This high-to-low spread represents a total annual volatility of 0.0063 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0496 to the December average rate of 0.0489, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0537 was down 1.17% compared to the 2022 peak of 0.0544, 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 269 SEK
2022 Average 242 SEK
Yearly Trough Low 237 SEK
Transaction Impact: A difference of 31.31 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0534
0.0485
JanuMarcMayJulySeptNove

GYD to SEK 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 0.0497, compared to 0.0513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0497
H2 Avg (Jul–Dec) 0.0513

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0040 SEK (High: 0.0533 / Low: 0.0493). On the other end, April was the most stable month, with a tight range of 0.0013 SEK (High: 0.0498 / Low: 0.0485).

November Spread (Volatile) ±0.0040
April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0527) against the same month in 2022 (average: 0.0532), the exchange rate shifted by -0.0005 (-0.96%).

2023 Avg (October) 0.0527
2022 Avg (October) 0.0532

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0510 0.0483 0.0496
February 0.0503 0.0489 0.0496
March 0.0511 0.0488 0.0499
April 0.0498 0.0485 0.0490
May 0.0514 0.0480 0.0496
June 0.0516 0.0501 0.0509
July 0.0518 0.0485 0.0502
August 0.0528 0.0505 0.0518
September 0.0535 0.0521 0.0530
October 0.0537 0.0519 0.0527
November 0.0533 0.0493 0.0511
December 0.0501 0.0475 0.0489