YEARLY HIGH
1.3849 GYD
YEARLY LOW
1.1064 GYD
YEARLY AVERAGE
1.2106 GYD

2023 LRD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.3849. Conversely, the yearly low was recorded on November 5, dropping to 1.1064.

This high-to-low spread represents a total annual volatility of 0.2785 GYD. From a start-to-finish perspective, comparing the January average rate of 1.3496 to the December average rate of 1.1129, the exchange rate registered a net change of -17.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3849 was down 3.91% compared to the 2022 peak of 1.4412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,925 GYD
2022 Average 6,844 GYD
Yearly Trough Low 5,532 GYD
Transaction Impact: A difference of 1,392.72 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3733
1.0893
JanuMarcMayJulySeptNove

LRD 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 1.2989, compared to 1.1223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1765 points.

H1 Avg (Jan–Jun) 1.2989
H2 Avg (Jul–Dec) 1.1223

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0814 GYD (High: 1.3733 / Low: 1.2918). On the other end, October was the most stable month, with a tight range of 0.0080 GYD (High: 1.1230 / Low: 1.1150).

March Spread (Volatile) ±0.0814
October Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0692 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0692

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.3489) against the same month in 2022 (average: 1.3610), the exchange rate shifted by -0.0121 (-0.89%).

2023 Avg (February) 1.3489
2022 Avg (February) 1.3610

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3603 1.3377 1.3496
February 1.3849 1.3267 1.3489
March 1.3733 1.2918 1.3215
April 1.3041 1.2798 1.2958
May 1.2776 1.2500 1.2660
June 1.2525 1.1744 1.2115
July 1.1744 1.1213 1.1423
August 1.1330 1.1134 1.1235
September 1.1266 1.1184 1.1226
October 1.1230 1.1150 1.1193
November 1.1248 1.1064 1.1135
December 1.1225 1.1106 1.1129