YEARLY HIGH
0.4786 AED
YEARLY LOW
0.4659 AED
YEARLY AVERAGE
0.4732 AED

2024 GTQ to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.4786. Conversely, the yearly low was recorded on February 4, dropping to 0.4659.

This high-to-low spread represents a total annual volatility of 0.0128 AED. From a start-to-finish perspective, comparing the January average rate of 0.4698 to the December average rate of 0.4766, the exchange rate registered a net change of 1.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4786 was up 0.22% compared to the 2023 peak of 0.4776, 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 2,393 AED
2023 Average 2,345 AED
Yearly Trough Low 2,329 AED
Transaction Impact: A difference of 63.75 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4773
0.4691
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 0.4715, compared to 0.4749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.4715
H2 Avg (Jul–Dec) 0.4749

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0058 AED (High: 0.4716 / Low: 0.4659). On the other end, September was the most stable month, with a tight range of 0.0021 AED (High: 0.4762 / Low: 0.4741).

February Spread (Volatile) ±0.0058
September Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4766) against the same month in 2023 (average: 0.4689), the exchange rate shifted by +0.0077 (+1.65%).

2024 Avg (December) 0.4766
2023 Avg (December) 0.4689

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4714 0.4682 0.4698
February 0.4716 0.4659 0.4702
March 0.4730 0.4691 0.4709
April 0.4732 0.4710 0.4721
May 0.4752 0.4721 0.4729
June 0.4743 0.4696 0.4729
July 0.4744 0.4723 0.4733
August 0.4782 0.4726 0.4745
September 0.4762 0.4741 0.4748
October 0.4757 0.4727 0.4746
November 0.4776 0.4725 0.4756
December 0.4786 0.4754 0.4766