2023 NZD to GYD Historical Review

YEARLY HIGH

137.4643 GYD

YEARLY LOW

121.1972 GYD

YEARLY AVERAGE

129.0875 GYD

2023 NZD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 137.4643. Conversely, the yearly low was recorded on October 25, dropping to 121.1972.

This high-to-low spread represents a total annual volatility of 16.2671 GYD. From a start-to-finish perspective, comparing the January average rate of 134.3304 to the December average rate of 130.4883, the exchange rate registered a net change of -2.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 137.4643 was down 5.91% compared to the 2022 peak of 146.0995, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 687,321 GYD

2022 Average 665,260 GYD

Yearly Trough Low 605,986 GYD

Transaction Impact: A difference of 81,335.29 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

135.4327

122.2049

JanuMarcMayJulySeptNove

NZD 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 131.6476, compared to 126.5274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1202 points.

H1 Avg (Jan–Jun) 131.6476

H2 Avg (Jul–Dec) 126.5274

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 7.7292 GYD (High: 137.4643 / Low: 129.7351). On the other end, September was the most stable month, with a tight range of 2.9710 GYD (High: 125.6931 / Low: 122.7222).

February Spread (Volatile) ±7.7292

September Spread (Stable) ±2.9710

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 5.2471 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.2471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 132.5377) against the same month in 2022 (average: 139.6108), the exchange rate shifted by -7.0731 (-5.07%).

2023 Avg (February) 132.5377

2022 Avg (February) 139.6108

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	137.0554	130.4089	134.3304
February	137.4643	129.7351	132.5377
March	132.2442	128.6336	130.7802
April	133.7684	129.5246	131.2559
May	134.8347	127.3380	131.2298
June	131.9503	127.7240	129.7514
July	133.7553	128.4521	130.5863
August	128.5001	123.4360	125.3392
September	125.6931	122.7222	124.0152
October	126.4628	121.1972	123.3072
November	128.8257	122.7229	125.4283
December	133.2057	128.3050	130.4883