YEARLY HIGH
12.1770 GYD
YEARLY LOW
10.8254 GYD
YEARLY AVERAGE
11.4245 GYD

2024 NAD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 12.1770. Conversely, the yearly low was recorded on February 26, dropping to 10.8254.

This high-to-low spread represents a total annual volatility of 1.3516 GYD. From a start-to-finish perspective, comparing the January average rate of 11.1409 to the December average rate of 11.4769, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.1770 was down 2.13% compared to the 2023 peak of 12.4418, 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 60,885 GYD
2023 Average 56,864 GYD
Yearly Trough Low 54,127 GYD
Transaction Impact: A difference of 6,757.99 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.9981
10.9441
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 11.1821, compared to 11.6668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4847 points.

H1 Avg (Jan–Jun) 11.1821
H2 Avg (Jul–Dec) 11.6668

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.7681 GYD (High: 11.8552 / Low: 11.0871). On the other end, October was the most stable month, with a tight range of 0.2941 GYD (High: 12.0835 / Low: 11.7894).

December Spread (Volatile) ±0.7681
October Spread (Stable) ±0.2941

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.2387 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 11.8792) against the same month in 2023 (average: 11.0261), the exchange rate shifted by +0.8531 (+7.74%).

2024 Avg (September) 11.8792
2023 Avg (September) 11.0261

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.3373 10.9166 11.1409
February 11.3337 10.8254 11.0320
March 11.5159 10.9153 11.1043
April 11.3300 10.8885 11.0800
May 11.5736 11.2320 11.3793
June 11.6668 10.9881 11.3563
July 11.6249 11.3264 11.4694
August 11.8603 11.2590 11.5936
September 12.1770 11.6374 11.8792
October 12.0835 11.7894 11.9103
November 12.0061 11.4622 11.6716
December 11.8552 11.0871 11.4769