YEARLY HIGH
56.7500 GYD
YEARLY LOW
55.3844 GYD
YEARLY AVERAGE
56.0154 GYD

2023 SAR to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 56.7500. Conversely, the yearly low was recorded on March 19, dropping to 55.3844.

This high-to-low spread represents a total annual volatility of 1.3656 GYD. From a start-to-finish perspective, comparing the January average rate of 55.8263 to the December average rate of 55.8486, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 56.7500 was up 0.82% compared to the 2022 peak of 56.2885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 283,750 GYD
2022 Average 278,617 GYD
Yearly Trough Low 276,922 GYD
Transaction Impact: A difference of 6,827.88 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

56.4464
55.7005
JanuMarcMayJulySeptNove

SAR 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 56.2147, compared to 55.8161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3985 points.

H1 Avg (Jan–Jun) 56.2147
H2 Avg (Jul–Dec) 55.8161

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.8689 GYD (High: 56.2533 / Low: 55.3844). On the other end, May was the most stable month, with a tight range of 0.2797 GYD (High: 56.4981 / Low: 56.2184).

March Spread (Volatile) ±0.8689
May Spread (Stable) ±0.2797

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4413 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 56.2506) against the same month in 2022 (average: 55.7483), the exchange rate shifted by +0.5023 (+0.90%).

2023 Avg (February) 56.2506
2022 Avg (February) 55.7483

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.2598 55.5133 55.8263
February 56.7500 55.9113 56.2506
March 56.2533 55.3844 56.1125
April 56.4636 55.9760 56.3475
May 56.4981 56.2184 56.3668
June 56.6014 56.0344 56.3843
July 56.4235 55.5986 55.9430
August 56.2596 55.4111 55.7995
September 55.9024 55.5766 55.7766
October 55.9426 55.5300 55.7664
November 56.3050 55.5037 55.7627
December 56.0802 55.7680 55.8486