YEARLY HIGH
0.3613 GYD
YEARLY LOW
0.3344 GYD
YEARLY AVERAGE
0.3467 GYD

2023 XAF to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.3613. Conversely, the yearly low was recorded on October 2, dropping to 0.3344.

This high-to-low spread represents a total annual volatility of 0.0269 GYD. From a start-to-finish perspective, comparing the January average rate of 0.3449 to the December average rate of 0.3489, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3613 was down 1.15% compared to the 2022 peak of 0.3656, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,807 GYD
2022 Average 1,681 GYD
Yearly Trough Low 1,672 GYD
Transaction Impact: A difference of 134.52 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3558
0.3352
JanuMarcMayJulySeptNove

XAF 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 0.3479, compared to 0.3455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.3479
H2 Avg (Jul–Dec) 0.3455

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0167 GYD (High: 0.3613 / Low: 0.3447). On the other end, October was the most stable month, with a tight range of 0.0061 GYD (High: 0.3405 / Low: 0.3344).

May Spread (Volatile) ±0.0167
October Spread (Stable) ±0.0061

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 August and September, when the average rate fell by 0.0076 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.3506) against the same month in 2022 (average: 0.3373), the exchange rate shifted by +0.0134 (+3.96%).

2023 Avg (May) 0.3506
2022 Avg (May) 0.3373

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3513 0.3359 0.3449
February 0.3542 0.3393 0.3443
March 0.3507 0.3388 0.3442
April 0.3588 0.3476 0.3541
May 0.3613 0.3447 0.3506
June 0.3544 0.3448 0.3496
July 0.3600 0.3495 0.3537
August 0.3518 0.3442 0.3481
September 0.3447 0.3354 0.3406
October 0.3405 0.3344 0.3369
November 0.3507 0.3377 0.3450
December 0.3548 0.3436 0.3489