2023 IQD to GYD Historical Review

YEARLY HIGH

0.1625 GYD

YEARLY LOW

0.1432 GYD

YEARLY AVERAGE

0.1550 GYD

2023 IQD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 0.1625. Conversely, the yearly low was recorded on January 18, dropping to 0.1432.

This high-to-low spread represents a total annual volatility of 0.0192 GYD. From a start-to-finish perspective, comparing the January average rate of 0.1437 to the December average rate of 0.1598, the exchange rate registered a net change of 11.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1625 was up 12.11% compared to the 2022 peak of 0.1449, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 812 GYD

2022 Average 717 GYD

Yearly Trough Low 716 GYD

Transaction Impact: A difference of 96.24 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1633

0.1419

JanuMarcMayJulySeptNove

IQD 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 0.1501, compared to 0.1599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.1501

H2 Avg (Jul–Dec) 0.1599

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0170 GYD (High: 0.1616 / Low: 0.1446). On the other end, September was the most stable month, with a tight range of 0.0003 GYD (High: 0.1599 / Low: 0.1596).

May Spread (Volatile) ±0.0170

September Spread (Stable) ±0.0003

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 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1615) against the same month in 2022 (average: 0.1433), the exchange rate shifted by +0.0181 (+12.65%).

2023 Avg (June) 0.1615

2022 Avg (June) 0.1433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1446	0.1432	0.1437
February	0.1459	0.1432	0.1446
March	0.1449	0.1442	0.1445
April	0.1604	0.1438	0.1458
May	0.1616	0.1446	0.1604
June	0.1625	0.1610	0.1615
July	0.1623	0.1596	0.1603
August	0.1611	0.1586	0.1598
September	0.1599	0.1596	0.1597
October	0.1602	0.1596	0.1598
November	0.1612	0.1594	0.1599
December	0.1605	0.1591	0.1598