YEARLY HIGH
101.0584 SLL
YEARLY LOW
82.9476 SLL
YEARLY AVERAGE
90.8129 SLL

2023 GYD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 101.0584. Conversely, the yearly low was recorded on February 5, dropping to 82.9476.

This high-to-low spread represents a total annual volatility of 18.1107 SLL. From a start-to-finish perspective, comparing the January average rate of 84.2422 to the December average rate of 100.0988, the exchange rate registered a net change of 18.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 101.0584 was up 18.72% compared to the 2022 peak of 85.1243, 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 505,292 SLL
2022 Average 328,053 SLL
Yearly Trough Low 414,738 SLL
Transaction Impact: A difference of 90,553.73 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

101.9534
81.8616
JanuMarcMayJulySeptNove

GYD to SLL 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 83.7453, compared to 97.8804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.1351 points.

H1 Avg (Jan–Jun) 83.7453
H2 Avg (Jul–Dec) 97.8804

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 17.0580 SLL (High: 100.5430 / Low: 83.4850). On the other end, May was the most stable month, with a tight range of 0.4170 SLL (High: 83.7833 / Low: 83.3663).

July Spread (Volatile) ±17.0580
May Spread (Stable) ±0.4170

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5317 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.5317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 100.2791) against the same month in 2022 (average: 84.3495), the exchange rate shifted by +15.9296 (+18.89%).

2023 Avg (November) 100.2791
2022 Avg (November) 84.3495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 84.7209 83.6486 84.2422
February 84.1964 82.9476 83.7105
March 84.9068 83.6296 83.8440
April 84.1036 83.4149 83.5759
May 83.7833 83.3663 83.5635
June 84.0406 83.2054 83.5359
July 100.5430 83.4850 86.2298
August 100.8730 99.3715 100.1842
September 100.5879 100.0151 100.2392
October 100.6789 99.9311 100.2514
November 101.0584 99.2932 100.2791
December 100.2432 99.6067 100.0988