2023 GYD to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 GYD to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the GYD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 109.7035. Conversely, the yearly low was recorded on November 13, dropping to 105.5071.
This high-to-low spread represents a total annual volatility of 4.1965 STD. From a start-to-finish perspective, comparing the January average rate of 108.8448 to the December average rate of 106.3631, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 109.7035 was down 3.09% compared to the 2022 peak of 113.1994, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
GYD to STD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 108.2028, compared to 106.8083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3945 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 2.6995 STD (High: 109.1346 / Low: 106.4351). On the other end, May was the most stable month, with a tight range of 0.5387 STD (High: 108.2519 / Low: 107.7131).
Growth Streaks & Declines
TrendsBetween August and November, 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 July and August, when the average rate fell by 1.9868 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 108.3302) against the same month in 2022 (average: 102.2788), the exchange rate shifted by +6.0515 (+5.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 109.4633 | 108.0779 | 108.8448 |
| February | 108.7856 | 107.1721 | 108.1578 |
| March | 109.7035 | 108.0533 | 108.3302 |
| April | 108.6657 | 107.7758 | 107.9838 |
| May | 108.2519 | 107.7131 | 107.9679 |
| June | 108.5843 | 107.5051 | 107.9322 |
| July | 109.1346 | 106.4351 | 108.4407 |
| August | 107.1858 | 105.5904 | 106.4539 |
| September | 106.8828 | 106.2742 | 106.5123 |
| October | 106.9795 | 106.1849 | 106.5253 |
| November | 107.3827 | 105.5071 | 106.5547 |
| December | 106.5166 | 105.8402 | 106.3631 |