2023 SGD to GYD Historical Review

YEARLY HIGH

161.6281 GYD

YEARLY LOW

152.2155 GYD

YEARLY AVERAGE

156.5081 GYD

2023 SGD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 161.6281. Conversely, the yearly low was recorded on October 21, dropping to 152.2155.

This high-to-low spread represents a total annual volatility of 9.4127 GYD. From a start-to-finish perspective, comparing the January average rate of 158.3139 to the December average rate of 157.3525, the exchange rate registered a net change of -0.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 161.6281 was up 3.56% compared to the 2022 peak of 156.0755, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 808,141 GYD

2022 Average 759,077 GYD

Yearly Trough Low 761,077 GYD

Transaction Impact: A difference of 47,063.29 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

159.2748

152.2125

JanuMarcMayJulySeptNove

SGD 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 157.8801, compared to 155.1361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7440 points.

H1 Avg (Jan–Jun) 157.8801

H2 Avg (Jul–Dec) 155.1361

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.5067 GYD (High: 161.0102 / Low: 155.5035). On the other end, October was the most stable month, with a tight range of 1.5506 GYD (High: 153.7661 / Low: 152.2155).

January Spread (Volatile) ±5.5067

October Spread (Stable) ±1.5506

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 2.2479 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.2479

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 158.3077) against the same month in 2022 (average: 155.2336), the exchange rate shifted by +3.0741 (+1.98%).

2023 Avg (February) 158.3077

2022 Avg (February) 155.2336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	161.0102	155.5035	158.3139
February	161.6281	156.2211	158.3077
March	158.8459	155.0887	157.1330
April	159.9346	157.8324	158.6863
May	159.7836	156.0648	157.7700
June	158.3311	155.4920	157.0698
July	158.9785	155.3541	157.1786
August	156.8113	153.7397	154.9306
September	154.6397	152.5436	153.4415
October	153.7661	152.2155	152.8010
November	157.1640	153.0029	155.1125
December	159.2720	155.9431	157.3525