2023 GTQ to DJF Historical Review

YEARLY HIGH

22.9352 DJF

YEARLY LOW

22.4712 DJF

YEARLY AVERAGE

22.7134 DJF

2023 GTQ to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 22.9352. Conversely, the yearly low was recorded on August 5, dropping to 22.4712.

This high-to-low spread represents a total annual volatility of 0.4640 DJF. From a start-to-finish perspective, comparing the January average rate of 22.6483 to the December average rate of 22.7388, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.9352 was down 2.04% compared to the 2022 peak of 23.4139, 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 114,676 DJF

2022 Average 114,850 DJF

Yearly Trough Low 112,356 DJF

Transaction Impact: A difference of 2,320.13 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.8191

22.6102

JanuMarcMayJulySeptNove

GTQ to DJF 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 22.7478, compared to 22.6791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0687 points.

H1 Avg (Jan–Jun) 22.7478

H2 Avg (Jul–Dec) 22.6791

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.3595 DJF (High: 22.8732 / Low: 22.5137). On the other end, January was the most stable month, with a tight range of 0.0903 DJF (High: 22.6890 / Low: 22.5987).

April Spread (Volatile) ±0.3595

January Spread (Stable) ±0.0903

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0753 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0753

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 22.8017) against the same month in 2022 (average: 23.1161), the exchange rate shifted by -0.3144 (-1.36%).

2023 Avg (March) 22.8017

2022 Avg (March) 23.1161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.6890	22.5987	22.6483
February	22.8908	22.5445	22.7245
March	22.9352	22.7633	22.8017
April	22.8732	22.5137	22.8012
May	22.8755	22.7114	22.7932
June	22.8217	22.5682	22.7179
July	22.7358	22.5238	22.6667
August	22.7815	22.4712	22.6440
September	22.7485	22.5655	22.6276
October	22.7711	22.6168	22.6881
November	22.8166	22.5134	22.7091
December	22.8654	22.6543	22.7388