YEARLY HIGH
0.2601 BBD
YEARLY LOW
0.2524 BBD
YEARLY AVERAGE
0.2554 BBD

2023 GTQ to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2601. Conversely, the yearly low was recorded on February 5, dropping to 0.2524.

This high-to-low spread represents a total annual volatility of 0.0076 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2548 to the December average rate of 0.2554, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2601 was down 0.76% compared to the 2022 peak of 0.2620, 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 1,300 BBD
2022 Average 1,290 BBD
Yearly Trough Low 1,262 BBD
Transaction Impact: A difference of 38.11 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2570
0.2540
JanuMarcMayJulySeptNove

GTQ to BBD 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 0.2559, compared to 0.2550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.2559
H2 Avg (Jul–Dec) 0.2550

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0046 BBD (High: 0.2570 / Low: 0.2524). On the other end, January was the most stable month, with a tight range of 0.0010 BBD (High: 0.2556 / Low: 0.2546).

February Spread (Volatile) ±0.0046
January Spread (Stable) ±0.0010

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 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2567) against the same month in 2022 (average: 0.2596), the exchange rate shifted by -0.0029 (-1.11%).

2023 Avg (March) 0.2567
2022 Avg (March) 0.2596

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2556 0.2546 0.2548
February 0.2570 0.2524 0.2554
March 0.2601 0.2560 0.2567
April 0.2597 0.2560 0.2567
May 0.2572 0.2554 0.2563
June 0.2567 0.2545 0.2553
July 0.2575 0.2545 0.2552
August 0.2562 0.2533 0.2546
September 0.2550 0.2536 0.2542
October 0.2561 0.2539 0.2551
November 0.2572 0.2550 0.2557
December 0.2560 0.2544 0.2554