YEARLY HIGH
62.7291 GYD
YEARLY LOW
51.3091 GYD
YEARLY AVERAGE
57.1125 GYD

2023 ILS to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 62.7291. Conversely, the yearly low was recorded on October 26, dropping to 51.3091.

This high-to-low spread represents a total annual volatility of 11.4200 GYD. From a start-to-finish perspective, comparing the January average rate of 60.9003 to the December average rate of 57.1812, the exchange rate registered a net change of -6.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 62.7291 was down 7.40% compared to the 2022 peak of 67.7422, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 313,645 GYD
2022 Average 311,930 GYD
Yearly Trough Low 256,545 GYD
Transaction Impact: A difference of 57,100.04 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

61.7310
51.7624
JanuMarcMayJulySeptNove

ILS 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 58.7664, compared to 55.4586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3078 points.

H1 Avg (Jan–Jun) 58.7664
H2 Avg (Jul–Dec) 55.4586

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 4.7311 GYD (High: 62.2273 / Low: 57.4962). On the other end, September was the most stable month, with a tight range of 0.7908 GYD (High: 55.1300 / Low: 54.3392).

February Spread (Volatile) ±4.7311
September Spread (Stable) ±0.7908

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.2207 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.2207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 60.9003) against the same month in 2022 (average: 66.6970), the exchange rate shifted by -5.7967 (-8.69%).

2023 Avg (January) 60.9003
2022 Avg (January) 66.6970

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 62.7291 58.9710 60.9003
February 62.2273 57.4962 59.5730
March 59.4477 56.9219 58.2808
April 59.2295 57.3556 58.1527
May 58.3162 56.6031 57.5995
June 59.5423 56.4011 58.0922
July 58.5551 56.2982 57.2431
August 57.5577 54.9895 55.9051
September 55.1300 54.3392 54.8138
October 55.0313 51.3091 52.5931
November 56.7784 52.1312 55.0155
December 58.2579 56.2150 57.1812