YEARLY HIGH
0.1555 TWD
YEARLY LOW
0.1408 TWD
YEARLY AVERAGE
0.1482 TWD

2023 GYD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.1555. Conversely, the yearly low was recorded on February 5, dropping to 0.1408.

This high-to-low spread represents a total annual volatility of 0.0147 TWD. From a start-to-finish perspective, comparing the January average rate of 0.1449 to the December average rate of 0.1490, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1555 was down 0.12% compared to the 2022 peak of 0.1557, 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 777 TWD
2022 Average 712 TWD
Yearly Trough Low 704 TWD
Transaction Impact: A difference of 73.44 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1554
0.1424
JanuMarcMayJulySeptNove

GYD to TWD 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 0.1448, compared to 0.1516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.1448
H2 Avg (Jul–Dec) 0.1516

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0056 TWD (High: 0.1552 / Low: 0.1497). On the other end, May was the most stable month, with a tight range of 0.0016 TWD (High: 0.1462 / Low: 0.1446).

November Spread (Volatile) ±0.0056
May Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0035 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1543) against the same month in 2022 (average: 0.1527), the exchange rate shifted by +0.0016 (+1.05%).

2023 Avg (October) 0.1543
2022 Avg (October) 0.1527

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1469 0.1424 0.1449
February 0.1454 0.1408 0.1435
March 0.1472 0.1436 0.1450
April 0.1455 0.1436 0.1446
May 0.1462 0.1446 0.1452
June 0.1475 0.1445 0.1457
July 0.1504 0.1469 0.1486
August 0.1528 0.1510 0.1520
September 0.1542 0.1521 0.1531
October 0.1555 0.1530 0.1543
November 0.1552 0.1497 0.1525
December 0.1507 0.1461 0.1490