2023 NAD to GYD Historical Review

YEARLY HIGH

12.4418 GYD

YEARLY LOW

10.3423 GYD

YEARLY AVERAGE

11.3753 GYD

2023 NAD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 12.4418. Conversely, the yearly low was recorded on October 28, dropping to 10.3423.

This high-to-low spread represents a total annual volatility of 2.0995 GYD. From a start-to-finish perspective, comparing the January average rate of 12.2783 to the December average rate of 11.2139, the exchange rate registered a net change of -8.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.4418 was down 13.74% compared to the 2022 peak of 14.4239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,209 GYD

2022 Average 64,424 GYD

Yearly Trough Low 51,711 GYD

Transaction Impact: A difference of 10,497.60 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.4194

10.7263

JanuMarcMayJulySeptNove

NAD 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 11.6039, compared to 11.1467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4571 points.

H1 Avg (Jan–Jun) 11.6039

H2 Avg (Jul–Dec) 11.1467

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.9547 GYD (High: 11.5035 / Low: 10.5488). On the other end, September was the most stable month, with a tight range of 0.2866 GYD (High: 11.1637 / Low: 10.8770).

November Spread (Volatile) ±0.9547

September Spread (Stable) ±0.2866

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.5467 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5467

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 12.2783) against the same month in 2022 (average: 13.4943), the exchange rate shifted by -1.2160 (-9.01%).

2023 Avg (January) 12.2783

2022 Avg (January) 13.4943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4418	12.1057	12.2783
February	12.3713	11.4523	11.8092
March	11.8020	11.2949	11.5281
April	11.9019	11.4334	11.6296
May	11.5732	10.7205	11.0829
June	11.6375	10.7207	11.2950
July	11.8660	11.1069	11.5054
August	11.4610	10.5545	11.1091
September	11.1637	10.8770	11.0261
October	11.1500	10.3423	10.8674
November	11.5035	10.5488	11.1585
December	11.5166	10.9601	11.2139