YEARLY HIGH
12.1555 GYD
YEARLY LOW
10.8958 GYD
YEARLY AVERAGE
11.6168 GYD

2023 MDL to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 12.1555. Conversely, the yearly low was recorded on January 8, dropping to 10.8958.

This high-to-low spread represents a total annual volatility of 1.2597 GYD. From a start-to-finish perspective, comparing the January average rate of 11.0430 to the December average rate of 11.8998, the exchange rate registered a net change of 7.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.1555 was up 3.16% compared to the 2022 peak of 11.7831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,778 GYD
2022 Average 55,487 GYD
Yearly Trough Low 54,479 GYD
Transaction Impact: A difference of 6,298.60 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.9855
10.9573
JanuMarcMayJulySeptNove

MDL 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 11.5069, compared to 11.7268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2199 points.

H1 Avg (Jan–Jun) 11.5069
H2 Avg (Jul–Dec) 11.7268

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.6418 GYD (High: 12.1068 / Low: 11.4650). On the other end, February was the most stable month, with a tight range of 0.1539 GYD (High: 11.2914 / Low: 11.1375).

July Spread (Volatile) ±0.6418
February Spread (Stable) ±0.1539

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 11.8998) against the same month in 2022 (average: 10.8309), the exchange rate shifted by +1.0690 (+9.87%).

2023 Avg (December) 11.8998
2022 Avg (December) 10.8309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2774 10.8958 11.0430
February 11.2914 11.1375 11.2421
March 11.5301 11.1746 11.3243
April 11.8430 11.5292 11.7184
May 11.9845 11.7715 11.8985
June 11.9459 11.5584 11.8153
July 12.1068 11.4650 11.7282
August 12.0577 11.7388 11.8400
September 11.7844 11.4637 11.6390
October 11.6277 11.4724 11.5365
November 11.8418 11.5329 11.7170
December 12.1555 11.6779 11.8998