YEARLY HIGH
0.2588 BZD
YEARLY LOW
0.2560 BZD
YEARLY AVERAGE
0.2573 BZD

2023 GTQ to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.2588. Conversely, the yearly low was recorded on September 11, dropping to 0.2560.

This high-to-low spread represents a total annual volatility of 0.0029 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2568 to the December average rate of 0.2576, the exchange rate registered a net change of 0.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2588 was down 1.66% compared to the 2022 peak of 0.2632, 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 1,294 BZD
2022 Average 1,300 BZD
Yearly Trough Low 1,280 BZD
Transaction Impact: A difference of 14.28 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2587
0.2559
JanuMarcMayJulySeptNove

GTQ to BZD 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 0.2577, compared to 0.2569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2577
H2 Avg (Jul–Dec) 0.2569

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0020 BZD (High: 0.2588 / Low: 0.2568). On the other end, January was the most stable month, with a tight range of 0.0002 BZD (High: 0.2570 / Low: 0.2568).

March Spread (Volatile) ±0.0020
January Spread (Stable) ±0.0002

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 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2581) against the same month in 2022 (average: 0.2615), the exchange rate shifted by -0.0035 (-1.33%).

2023 Avg (March) 0.2581
2022 Avg (March) 0.2615

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2570 0.2568 0.2568
February 0.2581 0.2568 0.2574
March 0.2588 0.2568 0.2581
April 0.2588 0.2583 0.2585
May 0.2584 0.2574 0.2582
June 0.2575 0.2569 0.2573
July 0.2571 0.2564 0.2569
August 0.2574 0.2563 0.2566
September 0.2565 0.2560 0.2562
October 0.2571 0.2563 0.2569
November 0.2577 0.2568 0.2574
December 0.2580 0.2573 0.2576