YEARLY HIGH
0.1468 GTQ
YEARLY LOW
0.1389 GTQ
YEARLY AVERAGE
0.1431 GTQ

2023 ETB to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.1468. Conversely, the yearly low was recorded on December 26, dropping to 0.1389.

This high-to-low spread represents a total annual volatility of 0.0080 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.1463 to the December average rate of 0.1395, the exchange rate registered a net change of -4.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1468 was down 6.50% compared to the 2022 peak of 0.1571, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 734 GTQ
2022 Average 746 GTQ
Yearly Trough Low 694 GTQ
Transaction Impact: A difference of 39.79 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1470
0.1388
JanuMarcMayJulySeptNove

ETB 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 0.1447, compared to 0.1415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1447
H2 Avg (Jul–Dec) 0.1415

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0019 GTQ (High: 0.1412 / Low: 0.1393). On the other end, September was the most stable month, with a tight range of 0.0006 GTQ (High: 0.1428 / Low: 0.1421).

November Spread (Volatile) ±0.0019
September Spread (Stable) ±0.0006

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

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1463) against the same month in 2022 (average: 0.1554), the exchange rate shifted by -0.0090 (-5.82%).

2023 Avg (January) 0.1463
2022 Avg (January) 0.1554

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1468 0.1459 0.1463
February 0.1467 0.1452 0.1458
March 0.1453 0.1444 0.1450
April 0.1446 0.1431 0.1438
May 0.1444 0.1430 0.1435
June 0.1441 0.1428 0.1435
July 0.1437 0.1421 0.1430
August 0.1438 0.1422 0.1426
September 0.1428 0.1421 0.1425
October 0.1418 0.1404 0.1410
November 0.1412 0.1393 0.1403
December 0.1407 0.1389 0.1395