YEARLY HIGH
373.2952 CDF
YEARLY LOW
339.9436 CDF
YEARLY AVERAGE
362.7174 CDF

2024 GTQ to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 373.2952. Conversely, the yearly low was recorded on January 20, dropping to 339.9436.

This high-to-low spread represents a total annual volatility of 33.3516 CDF. From a start-to-finish perspective, comparing the January average rate of 348.1623 to the December average rate of 370.3793, the exchange rate registered a net change of 6.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 373.2952 was up 4.42% compared to the 2023 peak of 357.4919, 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 1,866,476 CDF
2023 Average 1,492,276 CDF
Yearly Trough Low 1,699,718 CDF
Transaction Impact: A difference of 166,758.18 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

372.6042
345.9403
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 356.6795, compared to 368.7553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.0758 points.

H1 Avg (Jan–Jun) 356.6795
H2 Avg (Jul–Dec) 368.7553

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 12.3850 CDF (High: 352.3286 / Low: 339.9436). On the other end, September was the most stable month, with a tight range of 3.9079 CDF (High: 370.4377 / Low: 366.5298).

January Spread (Volatile) ±12.3850
September Spread (Stable) ±3.9079

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0029 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 370.3793) against the same month in 2023 (average: 347.6093), the exchange rate shifted by +22.7700 (+6.55%).

2024 Avg (December) 370.3793
2023 Avg (December) 347.6093

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 352.3286 339.9436 348.1623
February 354.9423 349.9061 352.8893
March 358.5447 354.5568 355.6864
April 362.1298 357.0049 358.8140
May 363.9150 358.4182 359.9099
June 367.3570 360.0888 364.6150
July 370.0091 364.5221 366.4824
August 371.1708 364.0276 368.0772
September 370.4377 366.5298 368.2228
October 372.2133 366.9098 368.9879
November 373.1705 368.1610 370.3822
December 373.2952 369.0257 370.3793