2023 SCR to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SCR to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SCR to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 16.4429. Conversely, the yearly low was recorded on July 21, dropping to 14.7810.
This high-to-low spread represents a total annual volatility of 1.6619 GYD. From a start-to-finish perspective, comparing the January average rate of 15.4916 to the December average rate of 15.5979, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 16.4429 was down 0.06% compared to the 2022 peak of 16.4532, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SCR 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 15.5812, compared to 15.7064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1252 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 1.4160 GYD (High: 16.1970 / Low: 14.7810). On the other end, August was the most stable month, with a tight range of 0.5010 GYD (High: 15.9151 / Low: 15.4141).
Growth Streaks & Declines
TrendsBetween January and March, 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 May and June, when the average rate fell by 0.2279 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 15.9237) against the same month in 2022 (average: 15.6001), the exchange rate shifted by +0.3236 (+2.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.2053 | 14.8053 | 15.4916 |
| February | 16.2025 | 14.8967 | 15.5805 |
| March | 16.2157 | 14.9955 | 15.6617 |
| April | 16.3830 | 15.0801 | 15.6510 |
| May | 16.1083 | 15.0280 | 15.6653 |
| June | 16.1110 | 14.9389 | 15.4374 |
| July | 16.1970 | 14.7810 | 15.7066 |
| August | 15.9151 | 15.4141 | 15.6530 |
| September | 16.4429 | 15.3545 | 15.9237 |
| October | 16.4198 | 15.1713 | 15.7008 |
| November | 16.0549 | 15.2318 | 15.6567 |
| December | 16.2401 | 14.9930 | 15.5979 |