2023 GTQ to CDF Historical Review

YEARLY HIGH

357.4919 CDF

YEARLY LOW

258.0712 CDF

YEARLY AVERAGE

298.2135 CDF

2023 GTQ to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 357.4919. Conversely, the yearly low was recorded on January 7, dropping to 258.0712.

This high-to-low spread represents a total annual volatility of 99.4207 CDF. From a start-to-finish perspective, comparing the January average rate of 261.0447 to the December average rate of 347.6093, the exchange rate registered a net change of 33.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 357.4919 was up 34.71% compared to the 2022 peak of 265.3796, 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 1,787,460 CDF

2022 Average 1,302,964 CDF

Yearly Trough Low 1,290,356 CDF

Transaction Impact: A difference of 497,103.44 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

356.2657

252.3883

JanuMarcMayJulySeptNove

GTQ to CDF 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 273.1208, compared to 323.3062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 50.1854 points.

H1 Avg (Jan–Jun) 273.1208

H2 Avg (Jul–Dec) 323.3062

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 37.6653 CDF (High: 299.2063 / Low: 261.5411). On the other end, March was the most stable month, with a tight range of 5.5820 CDF (High: 267.3568 / Low: 261.7748).

May Spread (Volatile) ±37.6653

March Spread (Stable) ±5.5820

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 347.6093) against the same month in 2022 (average: 259.9372), the exchange rate shifted by +87.6721 (+33.73%).

2023 Avg (December) 347.6093

2022 Avg (December) 259.9372

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	263.6634	258.0712	261.0447
February	266.3275	260.5233	263.3364
March	267.3568	261.7748	265.4247
April	281.6458	261.9354	267.1619
May	299.2063	261.5411	280.4803
June	307.1583	296.8429	301.2766
July	324.6663	307.1583	314.9988
August	316.5104	310.5416	315.1747
September	318.3056	312.2092	315.7091
October	331.0432	315.0250	321.2358
November	347.9299	313.7048	325.1093
December	357.4919	340.5153	347.6093