2024 GTQ to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 GTQ to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the GTQ to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 9.3815. Conversely, the yearly low was recorded on February 4, dropping to 8.5519.
This high-to-low spread represents a total annual volatility of 0.8296 GMD. From a start-to-finish perspective, comparing the January average rate of 8.6075 to the December average rate of 9.3189, the exchange rate registered a net change of 8.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 9.3815 was up 8.69% compared to the 2023 peak of 8.6311, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
GTQ to GMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.6915, compared to 9.0403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3488 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 0.3952 GMD (High: 9.1199 / Low: 8.7246). On the other end, April was the most stable month, with a tight range of 0.0452 GMD (High: 8.7493 / Low: 8.7041).
Growth Streaks & Declines
TrendsBetween January and April, 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 September and October, when the average rate fell by 0.0406 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 9.3189) against the same month in 2023 (average: 8.5994), the exchange rate shifted by +0.7195 (+8.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.6541 | 8.5835 | 8.6075 |
| February | 8.7186 | 8.5519 | 8.6551 |
| March | 8.7447 | 8.6760 | 8.7095 |
| April | 8.7493 | 8.7041 | 8.7270 |
| May | 8.7852 | 8.7075 | 8.7253 |
| June | 8.7495 | 8.6651 | 8.7247 |
| July | 8.9705 | 8.7114 | 8.7412 |
| August | 9.1794 | 8.9010 | 9.0231 |
| September | 9.1868 | 8.8415 | 8.9937 |
| October | 9.1199 | 8.7246 | 8.9531 |
| November | 9.2674 | 9.1309 | 9.2119 |
| December | 9.3815 | 9.1893 | 9.3189 |