2023 GTQ to AED Historical Review

YEARLY HIGH

0.4776 AED

YEARLY LOW

0.4636 AED

YEARLY AVERAGE

0.4691 AED

2023 GTQ to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.4776. Conversely, the yearly low was recorded on February 5, dropping to 0.4636.

This high-to-low spread represents a total annual volatility of 0.0140 AED. From a start-to-finish perspective, comparing the January average rate of 0.4680 to the December average rate of 0.4689, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4776 was down 0.76% compared to the 2022 peak of 0.4812, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,388 AED

2022 Average 2,370 AED

Yearly Trough Low 2,318 AED

Transaction Impact: A difference of 69.93 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4719

0.4664

JanuMarcMayJulySeptNove

GTQ to AED 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 0.4699, compared to 0.4683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.4699

H2 Avg (Jul–Dec) 0.4683

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0085 AED (High: 0.4721 / Low: 0.4636). On the other end, January was the most stable month, with a tight range of 0.0019 AED (High: 0.4695 / Low: 0.4676).

February Spread (Volatile) ±0.0085

January Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4714) against the same month in 2022 (average: 0.4767), the exchange rate shifted by -0.0053 (-1.12%).

2023 Avg (March) 0.4714

2022 Avg (March) 0.4767

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4695	0.4676	0.4680
February	0.4721	0.4636	0.4690
March	0.4776	0.4700	0.4714
April	0.4767	0.4701	0.4714
May	0.4723	0.4690	0.4706
June	0.4714	0.4673	0.4689
July	0.4728	0.4673	0.4686
August	0.4705	0.4652	0.4675
September	0.4684	0.4657	0.4669
October	0.4703	0.4663	0.4685
November	0.4724	0.4683	0.4695
December	0.4701	0.4671	0.4689