YEARLY HIGH
0.0092 GMD
YEARLY LOW
0.0082 GMD
YEARLY AVERAGE
0.0085 GMD

2023 PYG to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0092. Conversely, the yearly low was recorded on June 23, dropping to 0.0082.

This high-to-low spread represents a total annual volatility of 0.0011 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0084 to the December average rate of 0.0092, the exchange rate registered a net change of 8.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0092 was up 4.79% compared to the 2022 peak of 0.0088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46 GMD
2022 Average 40 GMD
Yearly Trough Low 41 GMD
Transaction Impact: A difference of 5.36 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0092
0.0081
JanuMarcMayJulySeptNove

PYG to GMD 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 0.0084, compared to 0.0087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0084
H2 Avg (Jul–Dec) 0.0087

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0006 GMD (High: 0.0089 / Low: 0.0083). On the other end, June was the most stable month, with a tight range of 0.0001 GMD (High: 0.0083 / Low: 0.0082).

September Spread (Volatile) ±0.0006
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and December, 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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0092) against the same month in 2022 (average: 0.0086), the exchange rate shifted by +0.0006 (+6.61%).

2023 Avg (December) 0.0092
2022 Avg (December) 0.0086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0085 0.0082 0.0084
February 0.0084 0.0083 0.0084
March 0.0087 0.0084 0.0085
April 0.0087 0.0083 0.0086
May 0.0084 0.0082 0.0083
June 0.0083 0.0082 0.0082
July 0.0083 0.0082 0.0082
August 0.0084 0.0083 0.0083
September 0.0089 0.0083 0.0085
October 0.0090 0.0087 0.0089
November 0.0091 0.0087 0.0090
December 0.0092 0.0090 0.0092