2023 GYD to ZAR Historical Review

YEARLY HIGH

0.0936 ZAR

YEARLY LOW

0.0800 ZAR

YEARLY AVERAGE

0.0878 ZAR

2023 GYD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.0936. Conversely, the yearly low was recorded on January 12, dropping to 0.0800.

This high-to-low spread represents a total annual volatility of 0.0135 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0814 to the December average rate of 0.0888, the exchange rate registered a net change of 9.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0936 was up 5.83% compared to the 2022 peak of 0.0884, 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 468 ZAR

2022 Average 391 ZAR

Yearly Trough Low 400 ZAR

Transaction Impact: A difference of 67.62 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0919

0.0805

JanuMarcMayJulySeptNove

GYD to ZAR 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 0.0863, compared to 0.0893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0863

H2 Avg (Jul–Dec) 0.0893

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0070 ZAR (High: 0.0936 / Low: 0.0865). On the other end, September was the most stable month, with a tight range of 0.0023 ZAR (High: 0.0919 / Low: 0.0897).

May Spread (Volatile) ±0.0070

September Spread (Stable) ±0.0023

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 October and November, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0904) against the same month in 2022 (average: 0.0760), the exchange rate shifted by +0.0144 (+18.92%).

2023 Avg (May) 0.0904

2022 Avg (May) 0.0760

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0827	0.0800	0.0814
February	0.0874	0.0808	0.0849
March	0.0903	0.0843	0.0867
April	0.0874	0.0841	0.0859
May	0.0936	0.0865	0.0904
June	0.0928	0.0860	0.0886
July	0.0906	0.0838	0.0868
August	0.0917	0.0873	0.0897
September	0.0919	0.0897	0.0907
October	0.0935	0.0892	0.0910
November	0.0903	0.0864	0.0886
December	0.0911	0.0871	0.0888