2023 SBD to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 25.9801. Conversely, the yearly low was recorded on November 26, dropping to 24.5523.
This high-to-low spread represents a total annual volatility of 1.4278 GYD. From a start-to-finish perspective, comparing the January average rate of 25.3735 to the December average rate of 24.7698, the exchange rate registered a net change of -2.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 25.9801 was down 1.68% compared to the 2022 peak of 26.4253, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SBD to GYD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.4754, compared to 24.8931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5823 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.5973 GYD (High: 25.9801 / Low: 25.3828). On the other end, June was the most stable month, with a tight range of 0.1895 GYD (High: 25.4534 / Low: 25.2638).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2861 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 25.6302) against the same month in 2022 (average: 25.8588), the exchange rate shifted by -0.2287 (-0.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.6988 | 25.1235 | 25.3735 |
| February | 25.9801 | 25.3828 | 25.6302 |
| March | 25.7382 | 25.3716 | 25.6021 |
| April | 25.6333 | 25.2836 | 25.4894 |
| May | 25.4850 | 25.2887 | 25.3882 |
| June | 25.4534 | 25.2638 | 25.3689 |
| July | 25.3900 | 24.9079 | 25.0828 |
| August | 25.2153 | 24.8399 | 25.0111 |
| September | 25.0363 | 24.7429 | 24.9051 |
| October | 25.0089 | 24.5754 | 24.8033 |
| November | 25.1454 | 24.5523 | 24.7868 |
| December | 24.9523 | 24.6453 | 24.7698 |