2023 GTQ to JPY Historical Review

YEARLY HIGH

19.4335 JPY

YEARLY LOW

16.2909 JPY

YEARLY AVERAGE

17.9429 JPY

2023 GTQ to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 19.4335. Conversely, the yearly low was recorded on January 13, dropping to 16.2909.

This high-to-low spread represents a total annual volatility of 3.1426 JPY. From a start-to-finish perspective, comparing the January average rate of 16.5869 to the December average rate of 18.3435, the exchange rate registered a net change of 10.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.4335 was up 1.37% compared to the 2022 peak of 19.1718, 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 97,167 JPY

2022 Average 84,763 JPY

Yearly Trough Low 81,454 JPY

Transaction Impact: A difference of 15,712.89 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.4075

16.3304

JanuMarcMayJulySeptNove

GTQ to JPY 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 17.2523, compared to 18.6335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3812 points.

H1 Avg (Jan–Jun) 17.2523

H2 Avg (Jul–Dec) 18.6335

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.1014 JPY (High: 17.4858 / Low: 16.3844). On the other end, October was the most stable month, with a tight range of 0.3934 JPY (High: 19.3056 / Low: 18.9122).

February Spread (Volatile) ±1.1014

October Spread (Stable) ±0.3934

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.8075 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 19.1511) against the same month in 2022 (average: 18.1701), the exchange rate shifted by +0.9809 (+5.40%).

2023 Avg (November) 19.1511

2022 Avg (November) 18.1701

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.9804	16.2909	16.5869
February	17.4858	16.3844	17.0072
March	17.5951	16.7422	17.1465
April	17.7099	16.7810	17.1446
May	18.0235	17.1794	17.5881
June	18.4579	17.7265	18.0406
July	18.5241	17.6088	18.0101
August	18.6478	18.0242	18.4304
September	18.9995	18.5767	18.7882
October	19.3056	18.9122	19.0777
November	19.4335	18.7907	19.1511
December	18.7995	17.9888	18.3435