YEARLY HIGH
0.1300 BSD
YEARLY LOW
0.1262 BSD
YEARLY AVERAGE
0.1277 BSD

2023 GTQ to BSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to BSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1300. Conversely, the yearly low was recorded on February 5, dropping to 0.1262.

This high-to-low spread represents a total annual volatility of 0.0038 BSD. From a start-to-finish perspective, comparing the January average rate of 0.1274 to the December average rate of 0.1277, 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 0.1300 was down 0.76% compared to the 2022 peak of 0.1310, 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 650 BSD
2022 Average 645 BSD
Yearly Trough Low 631 BSD
Transaction Impact: A difference of 19.06 BSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1285
0.1270
JanuMarcMayJulySeptNove

GTQ to BSD 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 0.1279, compared to 0.1275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1279
H2 Avg (Jul–Dec) 0.1275

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0023 BSD (High: 0.1285 / Low: 0.1262). On the other end, January was the most stable month, with a tight range of 0.0005 BSD (High: 0.1278 / Low: 0.1273).

February Spread (Volatile) ±0.0023
January Spread (Stable) ±0.0005

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1284) against the same month in 2022 (average: 0.1298), the exchange rate shifted by -0.0014 (-1.11%).

2023 Avg (March) 0.1284
2022 Avg (March) 0.1298

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1278 0.1273 0.1274
February 0.1285 0.1262 0.1277
March 0.1300 0.1280 0.1284
April 0.1298 0.1280 0.1284
May 0.1286 0.1277 0.1282
June 0.1283 0.1272 0.1276
July 0.1287 0.1272 0.1276
August 0.1281 0.1267 0.1273
September 0.1275 0.1268 0.1271
October 0.1280 0.1270 0.1276
November 0.1286 0.1275 0.1278
December 0.1280 0.1272 0.1277