YEARLY HIGH
0.1083 GBP
YEARLY LOW
0.0971 GBP
YEARLY AVERAGE
0.1027 GBP

2023 GTQ to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.1083. Conversely, the yearly low was recorded on July 13, dropping to 0.0971.

This high-to-low spread represents a total annual volatility of 0.0111 GBP. From a start-to-finish perspective, comparing the January average rate of 0.1041 to the December average rate of 0.1008, the exchange rate registered a net change of -3.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1083 was down 8.88% compared to the 2022 peak of 0.1188, 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 541 GBP
2022 Average 523 GBP
Yearly Trough Low 486 GBP
Transaction Impact: A difference of 55.68 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1065
0.0984
JanuMarcMayJulySeptNove

GTQ to GBP 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 0.1038, compared to 0.1017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1038
H2 Avg (Jul–Dec) 0.1017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0047 GBP (High: 0.1083 / Low: 0.1036). On the other end, August was the most stable month, with a tight range of 0.0019 GBP (High: 0.1012 / Low: 0.0994).

March Spread (Volatile) ±0.0047
August 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 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1057) against the same month in 2022 (average: 0.0986), the exchange rate shifted by +0.0072 (+7.26%).

2023 Avg (March) 0.1057
2022 Avg (March) 0.0986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1069 0.1026 0.1041
February 0.1072 0.1028 0.1058
March 0.1083 0.1036 0.1057
April 0.1046 0.1019 0.1031
May 0.1041 0.1010 0.1027
June 0.1029 0.0994 0.1010
July 0.1011 0.0971 0.0991
August 0.1012 0.0994 0.1002
September 0.1048 0.1005 0.1026
October 0.1055 0.1035 0.1048
November 0.1049 0.1005 0.1029
December 0.1018 0.0998 0.1008