2023 GTQ to COP Historical Review

YEARLY HIGH

636.2370 COP

YEARLY LOW

489.5651 COP

YEARLY AVERAGE

552.4535 COP

2023 GTQ to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 636.2370. Conversely, the yearly low was recorded on December 28, dropping to 489.5651.

This high-to-low spread represents a total annual volatility of 146.6718 COP. From a start-to-finish perspective, comparing the January average rate of 600.5792 to the December average rate of 505.2168, the exchange rate registered a net change of -15.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 636.2370 was down 1.95% compared to the 2022 peak of 648.9019, 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 3,181,185 COP

2022 Average 2,745,016 COP

Yearly Trough Low 2,447,826 COP

Transaction Impact: A difference of 733,359.14 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

623.0457

494.5051

JanuMarcMayJulySeptNove

GTQ to COP 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 587.3137, compared to 517.5933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 69.7204 points.

H1 Avg (Jan–Jun) 587.3137

H2 Avg (Jul–Dec) 517.5933

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 61.5992 COP (High: 633.2982 / Low: 571.6990). On the other end, November was the most stable month, with a tight range of 18.3294 COP (High: 524.3295 / Low: 506.0002).

January Spread (Volatile) ±61.5992

November Spread (Stable) ±18.3294

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 45.5770 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -45.5770

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 612.3340) against the same month in 2022 (average: 511.7825), the exchange rate shifted by +100.5515 (+19.65%).

2023 Avg (February) 612.3340

2022 Avg (February) 511.7825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	633.2982	571.6990	600.5792
February	636.2370	586.4644	612.3340
March	625.3221	591.1073	610.6690
April	602.4005	562.8279	582.0551
May	601.0954	561.7012	581.9110
June	565.7118	519.6990	536.3340
July	539.6609	500.0200	518.6536
August	531.5164	497.7817	518.3615
September	521.8416	495.8341	509.6462
October	556.2158	517.9334	538.4307
November	524.3295	506.0002	515.2510
December	514.7823	489.5651	505.2168