2023 GYD to SGD Historical Review

YEARLY HIGH

0.0066 SGD

YEARLY LOW

0.0062 SGD

YEARLY AVERAGE

0.0064 SGD

2023 GYD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 0.0066. Conversely, the yearly low was recorded on February 1, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0004 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0064, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0066 was down 4.50% compared to the 2022 peak of 0.0069, 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 33 SGD

2022 Average 33 SGD

Yearly Trough Low 31 SGD

Transaction Impact: A difference of 1.91 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0066

0.0063

JanuMarcMayJulySeptNove

GYD to SGD 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 0.0063, compared to 0.0064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0063

H2 Avg (Jul–Dec) 0.0064

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0002 SGD (High: 0.0064 / Low: 0.0062). On the other end, October was the most stable month, with a tight range of 0.0001 SGD (High: 0.0066 / Low: 0.0065).

January Spread (Volatile) ±0.0002

October Spread (Stable) ±0.0001

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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0065) against the same month in 2022 (average: 0.0068), the exchange rate shifted by -0.0003 (-3.85%).

2023 Avg (October) 0.0065

2022 Avg (October) 0.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0064	0.0062	0.0063
February	0.0064	0.0062	0.0063
March	0.0064	0.0063	0.0064
April	0.0063	0.0063	0.0063
May	0.0064	0.0063	0.0063
June	0.0064	0.0063	0.0064
July	0.0064	0.0063	0.0064
August	0.0065	0.0064	0.0065
September	0.0066	0.0065	0.0065
October	0.0066	0.0065	0.0065
November	0.0065	0.0064	0.0064
December	0.0064	0.0063	0.0064