YEARLY HIGH
21.0802 GYD
YEARLY LOW
19.0299 GYD
YEARLY AVERAGE
19.4650 GYD

2023 TJS to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 21.0802. Conversely, the yearly low was recorded on November 4, dropping to 19.0299.

This high-to-low spread represents a total annual volatility of 2.0503 GYD. From a start-to-finish perspective, comparing the January average rate of 20.4942 to the December average rate of 19.1503, the exchange rate registered a net change of -6.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.0802 was down 2.27% compared to the 2022 peak of 21.5696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,401 GYD
2022 Average 96,139 GYD
Yearly Trough Low 95,149 GYD
Transaction Impact: A difference of 10,251.54 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.6387
18.9055
JanuMarcMayJulySeptNove

TJS 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 19.8173, compared to 19.1126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7047 points.

H1 Avg (Jan–Jun) 19.8173
H2 Avg (Jul–Dec) 19.1126

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.7934 GYD (High: 21.0802 / Low: 19.2868). On the other end, September was the most stable month, with a tight range of 0.0439 GYD (High: 19.0782 / Low: 19.0343).

March Spread (Volatile) ±1.7934
September Spread (Stable) ±0.0439

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.6133 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 19.9915) against the same month in 2022 (average: 16.8786), the exchange rate shifted by +3.1129 (+18.44%).

2023 Avg (March) 19.9915
2022 Avg (March) 16.8786

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.6532 20.4010 20.4942
February 21.0716 19.6467 20.3168
March 21.0802 19.2868 19.9915
April 19.6159 19.3294 19.3782
May 19.4012 19.3414 19.3611
June 19.3859 19.2987 19.3623
July 19.4302 19.0971 19.2039
August 19.2073 19.0448 19.0716
September 19.0782 19.0343 19.0499
October 19.1323 19.0450 19.0711
November 19.2883 19.0299 19.1289
December 19.2094 19.0794 19.1503