2023 ZAR to GYD Historical Review

YEARLY HIGH

12.4935 GYD

YEARLY LOW

10.6878 GYD

YEARLY AVERAGE

11.4031 GYD

2023 ZAR to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZAR to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 12.4935. Conversely, the yearly low was recorded on May 25, dropping to 10.6878.

This high-to-low spread represents a total annual volatility of 1.8057 GYD. From a start-to-finish perspective, comparing the January average rate of 12.2802 to the December average rate of 11.2669, the exchange rate registered a net change of -8.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.4935 was down 13.43% compared to the 2022 peak of 14.4321, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 624,675 GYD

2022 Average 641,677 GYD

Yearly Trough Low 534,389 GYD

Transaction Impact: A difference of 90,285.29 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.4091

10.8625

JanuMarcMayJulySeptNove

ZAR 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 11.5991, compared to 11.2071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3920 points.

H1 Avg (Jan–Jun) 11.5991

H2 Avg (Jul–Dec) 11.2071

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.9309 GYD (High: 12.3774 / Low: 11.4465). On the other end, September was the most stable month, with a tight range of 0.2745 GYD (High: 11.1539 / Low: 10.8794).

February Spread (Volatile) ±0.9309

September Spread (Stable) ±0.2745

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.5619 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 12.2802) against the same month in 2022 (average: 13.4958), the exchange rate shifted by -1.2156 (-9.01%).

2023 Avg (January) 12.2802

2022 Avg (January) 13.4958

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4935	12.0952	12.2802
February	12.3774	11.4465	11.7779
March	11.8620	11.0763	11.5336
April	11.8854	11.4409	11.6367
May	11.5566	10.6878	11.0748
June	11.6311	10.7724	11.2915
July	11.9302	11.0376	11.5264
August	11.4508	10.9069	11.1453
September	11.1539	10.8794	11.0301
October	11.2154	10.6917	10.9913
November	11.5688	11.0718	11.2825
December	11.4817	10.9829	11.2669