2023 GTQ to EUR Historical Review

YEARLY HIGH

0.1217 EUR

YEARLY LOW

0.1134 EUR

YEARLY AVERAGE

0.1180 EUR

2023 GTQ to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.1217. Conversely, the yearly low was recorded on July 14, dropping to 0.1134.

This high-to-low spread represents a total annual volatility of 0.0083 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1181 to the December average rate of 0.1169, the exchange rate registered a net change of -1.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1217 was down 8.35% compared to the 2022 peak of 0.1328, 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 609 EUR

2022 Average 613 EUR

Yearly Trough Low 567 EUR

Transaction Impact: A difference of 41.66 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1213

0.1148

JanuMarcMayJulySeptNove

GTQ to EUR 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 0.1183, compared to 0.1178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1183

H2 Avg (Jul–Dec) 0.1178

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0057 EUR (High: 0.1196 / Low: 0.1139). On the other end, October was the most stable month, with a tight range of 0.0019 EUR (High: 0.1215 / Low: 0.1196).

May Spread (Volatile) ±0.0057

October Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1198) against the same month in 2022 (average: 0.1179), the exchange rate shifted by +0.0019 (+1.58%).

2023 Avg (March) 0.1198

2022 Avg (March) 0.1179

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1211	0.1167	0.1181
February	0.1214	0.1157	0.1193
March	0.1217	0.1176	0.1198
April	0.1189	0.1151	0.1168
May	0.1196	0.1139	0.1178
June	0.1194	0.1161	0.1177
July	0.1176	0.1134	0.1154
August	0.1180	0.1153	0.1167
September	0.1210	0.1176	0.1190
October	0.1215	0.1196	0.1207
November	0.1206	0.1161	0.1182
December	0.1186	0.1149	0.1169