YEARLY HIGH
1.2065 YER
YEARLY LOW
1.1751 YER
YEARLY AVERAGE
1.1912 YER

2023 GYD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 1.2065. Conversely, the yearly low was recorded on February 5, dropping to 1.1751.

This high-to-low spread represents a total annual volatility of 0.0315 YER. From a start-to-finish perspective, comparing the January average rate of 1.1938 to the December average rate of 1.1945, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2065 was down 0.37% compared to the 2022 peak of 1.2110, 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 6,033 YER
2022 Average 5,980 YER
Yearly Trough Low 5,875 YER
Transaction Impact: A difference of 157.27 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1984
1.1825
JanuMarcMayJulySeptNove

GYD to YER 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 1.1867, compared to 1.1957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 1.1867
H2 Avg (Jul–Dec) 1.1957

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0211 YER (High: 1.2065 / Low: 1.1854). On the other end, May was the most stable month, with a tight range of 0.0059 YER (High: 1.1874 / Low: 1.1815).

November Spread (Volatile) ±0.0211
May Spread (Stable) ±0.0059

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 0.0075 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.1971) against the same month in 2022 (average: 1.1974), the exchange rate shifted by -0.0003 (-0.02%).

2023 Avg (November) 1.1971
2022 Avg (November) 1.1974

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2004 1.1855 1.1938
February 1.1932 1.1751 1.1863
March 1.2031 1.1850 1.1880
April 1.1919 1.1819 1.1844
May 1.1874 1.1815 1.1842
June 1.1910 1.1792 1.1838
July 1.2004 1.1829 1.1930
August 1.2043 1.1864 1.1959
September 1.2008 1.1942 1.1967
October 1.2022 1.1929 1.1968
November 1.2065 1.1854 1.1971
December 1.1969 1.1893 1.1945