2023 GTQ to CAD Historical Review

YEARLY HIGH

0.1791 CAD

YEARLY LOW

0.1672 CAD

YEARLY AVERAGE

0.1724 CAD

2023 GTQ to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1791. Conversely, the yearly low was recorded on July 13, dropping to 0.1672.

This high-to-low spread represents a total annual volatility of 0.0118 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1710 to the December average rate of 0.1712, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1791 was up 1.49% compared to the 2022 peak of 0.1764, 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 895 CAD

2022 Average 840 CAD

Yearly Trough Low 836 CAD

Transaction Impact: A difference of 59.12 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1766

0.1681

JanuMarcMayJulySeptNove

GTQ to CAD 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 0.1725, compared to 0.1723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1725

H2 Avg (Jul–Dec) 0.1723

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0056 CAD (High: 0.1748 / Low: 0.1691). On the other end, September was the most stable month, with a tight range of 0.0031 CAD (High: 0.1739 / Low: 0.1708).

February Spread (Volatile) ±0.0056

September Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0040 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1758) against the same month in 2022 (average: 0.1642), the exchange rate shifted by +0.0117 (+7.11%).

2023 Avg (March) 0.1758

2022 Avg (March) 0.1642

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1742	0.1694	0.1710
February	0.1748	0.1691	0.1718
March	0.1791	0.1735	0.1758
April	0.1761	0.1711	0.1735
May	0.1757	0.1713	0.1734
June	0.1721	0.1677	0.1696
July	0.1706	0.1672	0.1688
August	0.1733	0.1687	0.1716
September	0.1739	0.1708	0.1722
October	0.1772	0.1723	0.1749
November	0.1770	0.1732	0.1752
December	0.1736	0.1683	0.1712