2023 MXN to GYD Historical Review

YEARLY HIGH

12.5508 GYD

YEARLY LOW

10.7314 GYD

YEARLY AVERAGE

11.8644 GYD

2023 MXN to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 12.5508. Conversely, the yearly low was recorded on January 1, dropping to 10.7314.

This high-to-low spread represents a total annual volatility of 1.8195 GYD. From a start-to-finish perspective, comparing the January average rate of 11.0591 to the December average rate of 12.2045, the exchange rate registered a net change of 10.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.5508 was up 14.88% compared to the 2022 peak of 10.9251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 627,542 GYD

2022 Average 520,503 GYD

Yearly Trough Low 536,569 GYD

Transaction Impact: A difference of 90,973.07 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.5363

10.9248

JanuMarcMayJulySeptNove

MXN 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 11.6243, compared to 12.1045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4801 points.

H1 Avg (Jan–Jun) 11.6243

H2 Avg (Jul–Dec) 12.1045

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.7540 GYD (High: 11.7539 / Low: 10.9999). On the other end, April was the most stable month, with a tight range of 0.1934 GYD (High: 11.7529 / Low: 11.5595).

March Spread (Volatile) ±0.7540

April Spread (Stable) ±0.1934

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5298 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.5298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 12.4020) against the same month in 2022 (average: 10.2032), the exchange rate shifted by +2.1988 (+21.55%).

2023 Avg (July) 12.4020

2022 Avg (July) 10.2032

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2465	10.7314	11.0591
February	11.5246	11.0026	11.3492
March	11.7539	10.9999	11.4504
April	11.7529	11.5595	11.6987
May	12.1247	11.7482	11.9253
June	12.3859	12.0442	12.2632
July	12.5508	12.2074	12.4020
August	12.5095	12.0624	12.3230
September	12.2687	11.8395	12.0954
October	12.0423	11.4066	11.5657
November	12.2308	11.7574	12.0363
December	12.3942	11.9814	12.2045