2023 PEN to GYD Historical Review

YEARLY HIGH

59.0079 GYD

YEARLY LOW

53.9726 GYD

YEARLY AVERAGE

56.2078 GYD

2023 PEN to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 59.0079. Conversely, the yearly low was recorded on October 23, dropping to 53.9726.

This high-to-low spread represents a total annual volatility of 5.0353 GYD. From a start-to-finish perspective, comparing the January average rate of 54.8510 to the December average rate of 56.0736, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 59.0079 was up 2.58% compared to the 2022 peak of 57.5264, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 295,039 GYD

2022 Average 273,044 GYD

Yearly Trough Low 269,863 GYD

Transaction Impact: A difference of 25,176.37 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

58.6954

54.1069

JanuMarcMayJulySeptNove

PEN 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 56.2122, compared to 56.2035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 56.2122

H2 Avg (Jul–Dec) 56.2035

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.0191 GYD (High: 56.1142 / Low: 54.0951). On the other end, March was the most stable month, with a tight range of 0.7739 GYD (High: 56.1823 / Low: 55.4084).

November Spread (Volatile) ±2.0191

March Spread (Stable) ±0.7739

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 1.6908 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.6908

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 58.3131) against the same month in 2022 (average: 53.6987), the exchange rate shifted by +4.6144 (+8.59%).

2023 Avg (July) 58.3131

2022 Avg (July) 53.6987

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.4378	54.1243	54.8510
February	55.4654	54.1649	54.9902
March	56.1823	55.4084	55.7813
April	57.4526	55.9012	56.2604
May	57.9938	56.8575	57.3881
June	58.6372	57.1908	58.0023
July	59.0079	57.4609	58.3131
August	58.0389	56.0740	56.7017
September	56.6506	55.1953	56.1801
October	55.2347	53.9726	54.4893
November	56.1142	54.0951	55.4630
December	56.7992	55.3408	56.0736