YEARLY HIGH
43.2576 GYD
YEARLY LOW
31.0198 GYD
YEARLY AVERAGE
38.9800 GYD

2024 BRL to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 43.2576. Conversely, the yearly low was recorded on December 25, dropping to 31.0198.

This high-to-low spread represents a total annual volatility of 12.2377 GYD. From a start-to-finish perspective, comparing the January average rate of 42.6355 to the December average rate of 34.1711, the exchange rate registered a net change of -19.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 43.2576 was down 2.56% compared to the 2023 peak of 44.3930, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 1,081,439 GYD
2023 Average 1,052,821 GYD
Yearly Trough Low 775,496 GYD
Transaction Impact: A difference of 305,943.27 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

43.4820
33.3247
JanuMarcMayJulySeptNove

BRL 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 41.1884, compared to 36.7716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4168 points.

H1 Avg (Jan–Jun) 41.1884
H2 Avg (Jul–Dec) 36.7716

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 4.0634 GYD (High: 35.0832 / Low: 31.0198). On the other end, February was the most stable month, with a tight range of 0.6393 GYD (High: 42.4872 / Low: 41.8479).

December Spread (Volatile) ±4.0634
February Spread (Stable) ±0.6393

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.9445 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.9445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 42.6355) against the same month in 2023 (average: 40.4356), the exchange rate shifted by +2.1999 (+5.44%).

2024 Avg (January) 42.6355
2023 Avg (January) 40.4356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.2576 41.9472 42.6355
February 42.4872 41.8479 42.1586
March 43.0454 41.6274 42.0042
April 41.8085 39.5837 40.8263
May 41.2325 39.8870 40.7251
June 39.8754 37.3692 38.7805
July 38.6389 36.8368 37.7575
August 38.7076 36.1921 37.6392
September 38.6075 36.8944 37.7752
October 38.5107 36.0913 37.2421
November 36.8478 34.7642 36.0447
December 35.0832 31.0198 34.1711