YEARLY HIGH
12.1086 SYP
YEARLY LOW
11.7978 SYP
YEARLY AVERAGE
11.9564 SYP

2023 GYD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 12.1086. Conversely, the yearly low was recorded on February 5, dropping to 11.7978.

This high-to-low spread represents a total annual volatility of 0.3108 SYP. From a start-to-finish perspective, comparing the January average rate of 11.9819 to the December average rate of 11.9937, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.1086 was down 0.39% compared to the 2022 peak of 12.1558, 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 60,543 SYP
2022 Average 60,039 SYP
Yearly Trough Low 58,989 SYP
Transaction Impact: A difference of 1,554.14 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.0286
11.8681
JanuMarcMayJulySeptNove

GYD to SYP 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 11.9113, compared to 12.0016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0903 points.

H1 Avg (Jan–Jun) 11.9113
H2 Avg (Jul–Dec) 12.0016

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2115 SYP (High: 12.1086 / Low: 11.8971). On the other end, May was the most stable month, with a tight range of 0.0593 SYP (High: 11.9167 / Low: 11.8574).

November Spread (Volatile) ±0.2115
May Spread (Stable) ±0.0593

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 0.0756 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 12.0153) against the same month in 2022 (average: 12.0221), the exchange rate shifted by -0.0068 (-0.06%).

2023 Avg (November) 12.0153
2022 Avg (November) 12.0221

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.0500 11.8975 11.9819
February 11.9754 11.7978 11.9063
March 12.0765 11.8948 11.9253
April 11.9622 11.8643 11.8872
May 11.9167 11.8574 11.8854
June 11.9533 11.8345 11.8815
July 12.0469 11.8743 11.9743
August 12.0864 11.9065 12.0039
September 12.0523 11.9836 12.0105
October 12.0632 11.9736 12.0120
November 12.1086 11.8971 12.0153
December 12.0110 11.9347 11.9937