2023 GYD to XAF Historical Review

YEARLY HIGH

2.9902 XAF

YEARLY LOW

2.7675 XAF

YEARLY AVERAGE

2.8849 XAF

2023 GYD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 2.9902. Conversely, the yearly low was recorded on May 6, dropping to 2.7675.

This high-to-low spread represents a total annual volatility of 0.2226 XAF. From a start-to-finish perspective, comparing the January average rate of 2.9000 to the December average rate of 2.8668, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9902 was down 8.47% compared to the 2022 peak of 3.2668, 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 14,951 XAF

2022 Average 14,908 XAF

Yearly Trough Low 13,838 XAF

Transaction Impact: A difference of 1,113.23 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9825

2.8099

JanuMarcMayJulySeptNove

GYD to XAF 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 2.8746, compared to 2.8951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 2.8746

H2 Avg (Jul–Dec) 2.8951

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1338 XAF (High: 2.9013 / Low: 2.7675). On the other end, October was the most stable month, with a tight range of 0.0531 XAF (High: 2.9902 / Low: 2.9370).

May Spread (Volatile) ±0.1338

October Spread (Stable) ±0.0531

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 March and April, when the average rate fell by 0.0816 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0816

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.9681) against the same month in 2022 (average: 3.1886), the exchange rate shifted by -0.2205 (-6.91%).

2023 Avg (October) 2.9681

2022 Avg (October) 3.1886

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9770	2.8465	2.9000
February	2.9474	2.8231	2.9047
March	2.9519	2.8517	2.9058
April	2.8770	2.7874	2.8243
May	2.9013	2.7675	2.8524
June	2.9006	2.8219	2.8607
July	2.8610	2.7778	2.8272
August	2.9054	2.8427	2.8726
September	2.9815	2.9012	2.9365
October	2.9902	2.9370	2.9681
November	2.9610	2.8512	2.8992
December	2.9106	2.8184	2.8668