YEARLY HIGH
1.5909 GYD
YEARLY LOW
1.3535 GYD
YEARLY AVERAGE
1.4882 GYD

2023 HTG to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 1.5909. Conversely, the yearly low was recorded on April 15, dropping to 1.3535.

This high-to-low spread represents a total annual volatility of 0.2374 GYD. From a start-to-finish perspective, comparing the January average rate of 1.4127 to the December average rate of 1.5843, the exchange rate registered a net change of 12.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5909 was down 24.84% compared to the 2022 peak of 2.1168, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HTG based on timing:

Yearly Peak High 7,954 GYD
2022 Average 9,007 GYD
Yearly Trough Low 6,768 GYD
Transaction Impact: A difference of 1,186.88 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.6064
1.3411
JanuMarcMayJulySeptNove

HTG 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 1.4211, compared to 1.5553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1343 points.

H1 Avg (Jan–Jun) 1.4211
H2 Avg (Jul–Dec) 1.5553

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1461 GYD (High: 1.5107 / Low: 1.3646). On the other end, December was the most stable month, with a tight range of 0.0074 GYD (High: 1.5877 / Low: 1.5804).

May Spread (Volatile) ±0.1461
December Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0331 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.5782) against the same month in 2022 (average: 1.5472), the exchange rate shifted by +0.0310 (+2.00%).

2023 Avg (November) 1.5782
2022 Avg (November) 1.5472

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4193 1.3994 1.4127
February 1.4143 1.3927 1.4051
March 1.3993 1.3569 1.3720
April 1.3916 1.3535 1.3632
May 1.5107 1.3646 1.4550
June 1.5273 1.4999 1.5184
July 1.5340 1.5051 1.5238
August 1.5515 1.5225 1.5378
September 1.5555 1.5327 1.5464
October 1.5756 1.5440 1.5614
November 1.5909 1.5716 1.5782
December 1.5877 1.5804 1.5843