2023 SVC to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SVC to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SVC to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 24.4919. Conversely, the yearly low was recorded on December 16, dropping to 23.8231.
This high-to-low spread represents a total annual volatility of 0.6687 GYD. From a start-to-finish perspective, comparing the January average rate of 23.9646 to the December average rate of 23.9167, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 24.4919 was up 2.14% compared to the 2022 peak of 23.9794, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SVC 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 24.1198, compared to 23.9353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1845 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 0.3243 GYD (High: 24.4919 / Low: 24.1676). On the other end, February was the most stable month, with a tight range of 0.0058 GYD (High: 24.1172 / Low: 24.1114).
Growth Streaks & Declines
TrendsBetween January and April, 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 0.1625 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 24.1819) against the same month in 2022 (average: 23.9112), the exchange rate shifted by +0.2707 (+1.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.1155 | 23.9025 | 23.9646 |
| February | 24.1172 | 24.1114 | 24.1146 |
| March | 24.1676 | 24.1005 | 24.1154 |
| April | 24.4919 | 24.1676 | 24.1819 |
| May | 24.1748 | 24.1623 | 24.1707 |
| June | 24.1754 | 24.1683 | 24.1717 |
| July | 24.1721 | 23.9087 | 24.0092 |
| August | 24.1137 | 23.8763 | 23.9220 |
| September | 23.9295 | 23.9080 | 23.9134 |
| October | 23.9907 | 23.9032 | 23.9226 |
| November | 24.1169 | 23.9082 | 23.9277 |
| December | 23.9314 | 23.8231 | 23.9167 |