YEARLY HIGH
0.1877 CAD
YEARLY LOW
0.1688 CAD
YEARLY AVERAGE
0.1766 CAD

2024 GTQ to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1877. Conversely, the yearly low was recorded on January 1, dropping to 0.1688.

This high-to-low spread represents a total annual volatility of 0.0189 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1716 to the December average rate of 0.1851, the exchange rate registered a net change of 7.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1877 was up 4.84% compared to the 2023 peak of 0.1791, 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 939 CAD
2023 Average 862 CAD
Yearly Trough Low 844 CAD
Transaction Impact: A difference of 94.53 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1864
0.1703
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 0.1744, compared to 0.1787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1744
H2 Avg (Jul–Dec) 0.1787

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0071 CAD (High: 0.1808 / Low: 0.1736). On the other end, May was the most stable month, with a tight range of 0.0017 CAD (High: 0.1767 / Low: 0.1751).

August Spread (Volatile) ±0.0071
May Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0014 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1851) against the same month in 2023 (average: 0.1712), the exchange rate shifted by +0.0138 (+8.09%).

2024 Avg (December) 0.1851
2023 Avg (December) 0.1712

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1730 0.1688 0.1716
February 0.1743 0.1709 0.1728
March 0.1755 0.1725 0.1736
April 0.1778 0.1737 0.1758
May 0.1767 0.1751 0.1760
June 0.1775 0.1754 0.1765
July 0.1787 0.1752 0.1767
August 0.1808 0.1736 0.1766
September 0.1759 0.1736 0.1751
October 0.1805 0.1747 0.1778
November 0.1826 0.1789 0.1810
December 0.1877 0.1816 0.1851