YEARLY HIGH
0.1322 GTQ
YEARLY LOW
0.1159 GTQ
YEARLY AVERAGE
0.1259 GTQ

2023 GMD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.1322. Conversely, the yearly low was recorded on November 19, dropping to 0.1159.

This high-to-low spread represents a total annual volatility of 0.0163 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.1265 to the December average rate of 0.1163, the exchange rate registered a net change of -8.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1322 was down 9.69% compared to the 2022 peak of 0.1464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 661 GTQ
2022 Average 701 GTQ
Yearly Trough Low 579 GTQ
Transaction Impact: A difference of 81.66 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1332
0.1147
JanuMarcMayJulySeptNove

GMD 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 0.1283, compared to 0.1235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.1283
H2 Avg (Jul–Dec) 0.1235

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0096 GTQ (High: 0.1305 / Low: 0.1208). On the other end, June was the most stable month, with a tight range of 0.0012 GTQ (High: 0.1322 / Low: 0.1310).

September Spread (Volatile) ±0.0096
June Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0079 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1317) against the same month in 2022 (average: 0.1430), the exchange rate shifted by -0.0113 (-7.88%).

2023 Avg (June) 0.1317
2022 Avg (June) 0.1430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1284 0.1257 0.1265
February 0.1296 0.1272 0.1282
March 0.1280 0.1251 0.1269
April 0.1302 0.1245 0.1260
May 0.1313 0.1297 0.1305
June 0.1322 0.1310 0.1317
July 0.1318 0.1303 0.1314
August 0.1308 0.1290 0.1297
September 0.1305 0.1208 0.1274
October 0.1224 0.1188 0.1195
November 0.1206 0.1159 0.1170
December 0.1174 0.1159 0.1163