2023 GTQ to BOB Historical Review

YEARLY HIGH

0.8971 BOB

YEARLY LOW

0.8774 BOB

YEARLY AVERAGE

0.8823 BOB

2023 GTQ to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.8971. Conversely, the yearly low was recorded on September 4, dropping to 0.8774.

This high-to-low spread represents a total annual volatility of 0.0197 BOB. From a start-to-finish perspective, comparing the January average rate of 0.8805 to the December average rate of 0.8832, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8971 was down 0.20% compared to the 2022 peak of 0.8989, 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 4,485 BOB

2022 Average 4,447 BOB

Yearly Trough Low 4,387 BOB

Transaction Impact: A difference of 98.28 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8877

0.8773

JanuMarcMayJulySeptNove

GTQ to BOB 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 0.8837, compared to 0.8808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.8837

H2 Avg (Jul–Dec) 0.8808

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0117 BOB (High: 0.8971 / Low: 0.8853). On the other end, January was the most stable month, with a tight range of 0.0008 BOB (High: 0.8810 / Low: 0.8802).

April Spread (Volatile) ±0.0117

January Spread (Stable) ±0.0008

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 0.0033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.8868) against the same month in 2022 (average: 0.8970), the exchange rate shifted by -0.0101 (-1.13%).

2023 Avg (April) 0.8868

2022 Avg (April) 0.8970

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8810	0.8802	0.8805
February	0.8848	0.8802	0.8824
March	0.8886	0.8847	0.8857
April	0.8971	0.8853	0.8868
May	0.8873	0.8822	0.8852
June	0.8827	0.8806	0.8819
July	0.8829	0.8789	0.8807
August	0.8825	0.8786	0.8795
September	0.8792	0.8774	0.8781
October	0.8814	0.8787	0.8808
November	0.8833	0.8804	0.8823
December	0.8874	0.8821	0.8832