2023 CVE to GTQ Historical Review

YEARLY HIGH

0.0800 GTQ

YEARLY LOW

0.0743 GTQ

YEARLY AVERAGE

0.0767 GTQ

2023 CVE to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0800. Conversely, the yearly low was recorded on October 6, dropping to 0.0743.

This high-to-low spread represents a total annual volatility of 0.0057 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.0766 to the December average rate of 0.0774, the exchange rate registered a net change of 1.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0800 was up 0.15% compared to the 2022 peak of 0.0799, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 400 GTQ

2022 Average 369 GTQ

Yearly Trough Low 372 GTQ

Transaction Impact: A difference of 28.67 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0789

0.0747

JanuMarcMayJulySeptNove

CVE 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 0.0765, compared to 0.0769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0765

H2 Avg (Jul–Dec) 0.0769

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0031 GTQ (High: 0.0787 / Low: 0.0756). On the other end, October was the most stable month, with a tight range of 0.0013 GTQ (High: 0.0756 / Low: 0.0743).

December Spread (Volatile) ±0.0031

October Spread (Stable) ±0.0013

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 August and September, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0785) against the same month in 2022 (average: 0.0720), the exchange rate shifted by +0.0065 (+9.09%).

2023 Avg (July) 0.0785

2022 Avg (July) 0.0720

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0775	0.0749	0.0766
February	0.0778	0.0748	0.0760
March	0.0769	0.0746	0.0756
April	0.0782	0.0766	0.0774
May	0.0780	0.0755	0.0768
June	0.0778	0.0748	0.0768
July	0.0800	0.0771	0.0785
August	0.0787	0.0770	0.0777
September	0.0774	0.0750	0.0762
October	0.0756	0.0743	0.0750
November	0.0778	0.0747	0.0765
December	0.0787	0.0756	0.0774