YEARLY HIGH
27.1414 GYD
YEARLY LOW
26.5032 GYD
YEARLY AVERAGE
26.8412 GYD

2023 HKD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 27.1414. Conversely, the yearly low was recorded on March 18, dropping to 26.5032.

This high-to-low spread represents a total annual volatility of 0.6382 GYD. From a start-to-finish perspective, comparing the January average rate of 26.8146 to the December average rate of 26.8247, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 27.1414 was up 0.61% compared to the 2022 peak of 26.9757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 678,534 GYD
2022 Average 667,993 GYD
Yearly Trough Low 662,580 GYD
Transaction Impact: A difference of 15,953.86 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

27.0274
26.6884
JanuMarcMayJulySeptNove

HKD to GYD 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 26.9086, compared to 26.7738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1347 points.

H1 Avg (Jan–Jun) 26.9086
H2 Avg (Jul–Dec) 26.7738

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.5262 GYD (High: 27.0456 / Low: 26.5194). On the other end, September was the most stable month, with a tight range of 0.1377 GYD (High: 26.7871 / Low: 26.6494).

November Spread (Volatile) ±0.5262
September Spread (Stable) ±0.1377

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.1580 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 26.8927) against the same month in 2022 (average: 26.8178), the exchange rate shifted by +0.0750 (+0.28%).

2023 Avg (February) 26.8927
2022 Avg (February) 26.8178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.9751 26.6595 26.8146
February 27.1414 26.7452 26.8927
March 26.9129 26.5032 26.8434
April 26.9802 26.7571 26.9273
May 27.0590 26.8665 26.9741
June 27.0883 26.8445 26.9992
July 27.0456 26.7304 26.8412
August 26.9705 26.6122 26.7435
September 26.7871 26.6494 26.7167
October 26.8195 26.5938 26.7300
November 27.0456 26.5194 26.7869
December 26.9795 26.7556 26.8247