2023 GTQ to BND Historical Review

YEARLY HIGH

0.1753 BND

YEARLY LOW

0.1664 BND

YEARLY AVERAGE

0.1715 BND

2023 GTQ to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 0.1753. Conversely, the yearly low was recorded on February 2, dropping to 0.1664.

This high-to-low spread represents a total annual volatility of 0.0089 BND. From a start-to-finish perspective, comparing the January average rate of 0.1691 to the December average rate of 0.1701, the exchange rate registered a net change of 0.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1753 was down 4.86% compared to the 2022 peak of 0.1843, 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 877 BND

2022 Average 889 BND

Yearly Trough Low 832 BND

Transaction Impact: A difference of 44.63 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1751

0.1685

JanuMarcMayJulySeptNove

GTQ to BND 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 0.1709, compared to 0.1721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1709

H2 Avg (Jul–Dec) 0.1721

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0063 BND (High: 0.1727 / Low: 0.1664). On the other end, April was the most stable month, with a tight range of 0.0015 BND (High: 0.1715 / Low: 0.1700).

February Spread (Volatile) ±0.0063

April Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1746) against the same month in 2022 (average: 0.1814), the exchange rate shifted by -0.0068 (-3.76%).

2023 Avg (October) 0.1746

2022 Avg (October) 0.1814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1718	0.1672	0.1691
February	0.1727	0.1664	0.1701
March	0.1735	0.1701	0.1720
April	0.1715	0.1700	0.1707
May	0.1733	0.1692	0.1716
June	0.1731	0.1706	0.1718
July	0.1731	0.1683	0.1703
August	0.1731	0.1696	0.1719
September	0.1744	0.1716	0.1732
October	0.1753	0.1733	0.1746
November	0.1749	0.1702	0.1724
December	0.1716	0.1683	0.1701