2023 GTQ to ILS Historical Review

YEARLY HIGH

0.5201 ILS

YEARLY LOW

0.4285 ILS

YEARLY AVERAGE

0.4707 ILS

2023 GTQ to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.5201. Conversely, the yearly low was recorded on January 23, dropping to 0.4285.

This high-to-low spread represents a total annual volatility of 0.0916 ILS. From a start-to-finish perspective, comparing the January average rate of 0.4388 to the December average rate of 0.4678, the exchange rate registered a net change of 6.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5201 was up 13.28% compared to the 2022 peak of 0.4591, 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 2,601 ILS

2022 Average 2,167 ILS

Yearly Trough Low 2,142 ILS

Transaction Impact: A difference of 458.20 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5144

0.4320

JanuMarcMayJulySeptNove

GTQ to ILS 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 0.4595, compared to 0.4818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.4595

H2 Avg (Jul–Dec) 0.4818

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0416 ILS (High: 0.5123 / Low: 0.4707). On the other end, September was the most stable month, with a tight range of 0.0073 ILS (High: 0.4892 / Low: 0.4819).

November Spread (Volatile) ±0.0416

September Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0214 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5076) against the same month in 2022 (average: 0.4505), the exchange rate shifted by +0.0571 (+12.67%).

2023 Avg (October) 0.5076

2022 Avg (October) 0.4505

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4524	0.4285	0.4388
February	0.4699	0.4320	0.4525
March	0.4753	0.4554	0.4641
April	0.4729	0.4577	0.4666
May	0.4780	0.4644	0.4704
June	0.4789	0.4534	0.4648
July	0.4759	0.4571	0.4677
August	0.4847	0.4623	0.4766
September	0.4892	0.4819	0.4851
October	0.5201	0.4837	0.5076
November	0.5123	0.4707	0.4862
December	0.4753	0.4594	0.4678