YEARLY HIGH
0.2082 GYD
YEARLY LOW
0.1238 GYD
YEARLY AVERAGE
0.1900 GYD

2023 MWK to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.2082. Conversely, the yearly low was recorded on December 16, dropping to 0.1238.

This high-to-low spread represents a total annual volatility of 0.0844 GYD. From a start-to-finish perspective, comparing the January average rate of 0.2050 to the December average rate of 0.1244, the exchange rate registered a net change of -39.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2082 was down 20.43% compared to the 2022 peak of 0.2616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,041 GYD
2022 Average 1,135 GYD
Yearly Trough Low 619 GYD
Transaction Impact: A difference of 421.83 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2146
0.1162
JanuMarcMayJulySeptNove

MWK 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 0.2058, compared to 0.1742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0316 points.

H1 Avg (Jan–Jun) 0.2058
H2 Avg (Jul–Dec) 0.1742

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0653 GYD (High: 0.1894 / Low: 0.1242). On the other end, December was the most stable month, with a tight range of 0.0012 GYD (High: 0.1250 / Low: 0.1238).

November Spread (Volatile) ±0.0653
December Spread (Stable) ±0.0012

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 October and November, when the average rate fell by 0.0311 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.2063) against the same month in 2022 (average: 0.2571), the exchange rate shifted by -0.0508 (-19.75%).

2023 Avg (April) 0.2063
2022 Avg (April) 0.2571

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2068 0.2037 0.2050
February 0.2075 0.2037 0.2056
March 0.2075 0.2009 0.2052
April 0.2082 0.2057 0.2063
May 0.2071 0.2054 0.2062
June 0.2080 0.2007 0.2064
July 0.2019 0.1985 0.1996
August 0.2004 0.1916 0.1947
September 0.1991 0.1884 0.1929
October 0.1937 0.1803 0.1823
November 0.1894 0.1242 0.1513
December 0.1250 0.1238 0.1244