YEARLY HIGH
0.0444 GTQ
YEARLY LOW
0.0097 GTQ
YEARLY AVERAGE
0.0300 GTQ

2023 ARS to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0444. Conversely, the yearly low was recorded on December 31, dropping to 0.0097.

This high-to-low spread represents a total annual volatility of 0.0347 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.0431 to the December average rate of 0.0143, the exchange rate registered a net change of -66.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0444 was down 40.94% compared to the 2022 peak of 0.0752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 222 GTQ
2022 Average 304 GTQ
Yearly Trough Low 48 GTQ
Transaction Impact: A difference of 173.71 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0460
0.0115
JanuMarcMayJulySeptNove

ARS to GTQ 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 0.0373, compared to 0.0226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.0373
H2 Avg (Jul–Dec) 0.0226

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0121 GTQ (High: 0.0217 / Low: 0.0097). On the other end, September was the most stable month, with a tight range of 0.0001 GTQ (High: 0.0225 / Low: 0.0224).

December Spread (Volatile) ±0.0121
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0078 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0431) against the same month in 2022 (average: 0.0742), the exchange rate shifted by -0.0310 (-41.86%).

2023 Avg (January) 0.0431
2022 Avg (January) 0.0742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0444 0.0420 0.0431
February 0.0421 0.0396 0.0409
March 0.0395 0.0373 0.0385
April 0.0373 0.0348 0.0362
May 0.0352 0.0326 0.0338
June 0.0326 0.0306 0.0316
July 0.0306 0.0286 0.0295
August 0.0285 0.0224 0.0247
September 0.0225 0.0224 0.0225
October 0.0225 0.0223 0.0224
November 0.0224 0.0217 0.0221
December 0.0217 0.0097 0.0143