YEARLY HIGH
78.8018 GYD
YEARLY LOW
76.7789 GYD
YEARLY AVERAGE
77.7583 GYD

2023 XCD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 78.8018. Conversely, the yearly low was recorded on November 5, dropping to 76.7789.

This high-to-low spread represents a total annual volatility of 2.0228 GYD. From a start-to-finish perspective, comparing the January average rate of 77.5920 to the December average rate of 77.5151, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 78.8018 was up 0.82% compared to the 2022 peak of 78.1616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 394,009 GYD
2022 Average 387,103 GYD
Yearly Trough Low 383,895 GYD
Transaction Impact: A difference of 10,114.18 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

78.3340
77.2894
JanuMarcMayJulySeptNove

XCD 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 78.0524, compared to 77.4643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5880 points.

H1 Avg (Jan–Jun) 78.0524
H2 Avg (Jul–Dec) 77.4643

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.3650 GYD (High: 78.1439 / Low: 76.7789). On the other end, May was the most stable month, with a tight range of 0.3902 GYD (High: 78.4060 / Low: 78.0158).

November Spread (Volatile) ±1.3650
May Spread (Stable) ±0.3902

Growth Streaks & Declines

Trends

Between March and June, 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 0.6055 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 78.0840) against the same month in 2022 (average: 77.3942), the exchange rate shifted by +0.6898 (+0.89%).

2023 Avg (February) 78.0840
2022 Avg (February) 77.3942

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 78.1414 77.1523 77.5920
February 78.8018 77.6330 78.0840
March 78.1592 76.9834 77.9604
April 78.3604 77.7187 78.2097
May 78.4060 78.0158 78.2211
June 78.5577 77.7769 78.2470
July 78.2945 77.1725 77.6415
August 78.0822 76.9200 77.4492
September 77.5798 77.1381 77.4065
October 77.6450 77.0683 77.3972
November 78.1439 76.7789 77.3764
December 77.8979 77.4033 77.5151