2023 MVR to GYD Historical Review

YEARLY HIGH

13.8740 GYD

YEARLY LOW

13.4390 GYD

YEARLY AVERAGE

13.6720 GYD

2023 MVR to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 13.8740. Conversely, the yearly low was recorded on November 5, dropping to 13.4390.

This high-to-low spread represents a total annual volatility of 0.4349 GYD. From a start-to-finish perspective, comparing the January average rate of 13.6307 to the December average rate of 13.6271, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.8740 was up 1.17% compared to the 2022 peak of 13.7131, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69,370 GYD

2022 Average 67,833 GYD

Yearly Trough Low 67,195 GYD

Transaction Impact: A difference of 2,174.70 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.8038

13.5479

JanuMarcMayJulySeptNove

MVR 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 13.7334, compared to 13.6106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1228 points.

H1 Avg (Jan–Jun) 13.7334

H2 Avg (Jul–Dec) 13.6106

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.4093 GYD (High: 13.8484 / Low: 13.4390). On the other end, December was the most stable month, with a tight range of 0.0863 GYD (High: 13.6703 / Low: 13.5840).

November Spread (Volatile) ±0.4093

December Spread (Stable) ±0.0863

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 0.1356 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1356

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 13.7443) against the same month in 2022 (average: 13.5391), the exchange rate shifted by +0.2052 (+1.52%).

2023 Avg (February) 13.7443

2022 Avg (February) 13.5391

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.7577	13.5395	13.6307
February	13.8740	13.6593	13.7443
March	13.7662	13.5098	13.7039
April	13.7963	13.6744	13.7629
May	13.8494	13.7267	13.7763
June	13.8310	13.7293	13.7825
July	13.8157	13.5736	13.6469
August	13.7027	13.5427	13.6162
September	13.6264	13.5162	13.5692
October	13.6588	13.5247	13.5932
November	13.8484	13.4390	13.6108
December	13.6703	13.5840	13.6271