2023 GTQ to MDL Historical Review

YEARLY HIGH

2.4482 MDL

YEARLY LOW

2.2002 MDL

YEARLY AVERAGE

2.3119 MDL

2023 GTQ to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 2.4482. Conversely, the yearly low was recorded on December 28, dropping to 2.2002.

This high-to-low spread represents a total annual volatility of 0.2480 MDL. From a start-to-finish perspective, comparing the January average rate of 2.4198 to the December average rate of 2.2479, the exchange rate registered a net change of -7.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4482 was down 3.08% compared to the 2022 peak of 2.5260, 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 12,241 MDL

2022 Average 12,172 MDL

Yearly Trough Low 11,001 MDL

Transaction Impact: A difference of 1,239.93 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4370

2.2307

JanuMarcMayJulySeptNove

GTQ to MDL 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 2.3470, compared to 2.2768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0702 points.

H1 Avg (Jan–Jun) 2.3470

H2 Avg (Jul–Dec) 2.2768

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1371 MDL (High: 2.3402 / Low: 2.2031). On the other end, October was the most stable month, with a tight range of 0.0324 MDL (High: 2.3265 / Low: 2.2942).

July Spread (Volatile) ±0.1371

October Spread (Stable) ±0.0324

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0727 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0727

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.4198) against the same month in 2022 (average: 2.3258), the exchange rate shifted by +0.0940 (+4.04%).

2023 Avg (January) 2.4198

2022 Avg (January) 2.3258

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4482	2.3834	2.4198
February	2.4180	2.3805	2.3967
March	2.4176	2.3516	2.3881
April	2.3518	2.2921	2.3154
May	2.3020	2.2625	2.2770
June	2.3324	2.2611	2.2848
July	2.3402	2.2031	2.2834
August	2.2697	2.2278	2.2502
September	2.3219	2.2547	2.2848
October	2.3265	2.2942	2.3129
November	2.3139	2.2578	2.2816
December	2.2906	2.2002	2.2479