2023 GTQ to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 GTQ to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the GTQ to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 953.6461. Conversely, the yearly low was recorded on April 19, dropping to 913.4696.
This high-to-low spread represents a total annual volatility of 40.1765 PYG. From a start-to-finish perspective, comparing the January average rate of 939.8726 to the December average rate of 939.5112, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 953.6461 was up 1.84% compared to the 2022 peak of 936.4202, 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 2023.
GTQ to PYG 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 927.0023, compared to 934.5709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.5686 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 25.7260 PYG (High: 953.2106 / Low: 927.4846). On the other end, November was the most stable month, with a tight range of 5.4071 PYG (High: 953.6461 / Low: 948.2389).
Growth Streaks & Declines
TrendsBetween April and July, 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 November and December, when the average rate fell by 11.1980 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 950.7092) against the same month in 2022 (average: 919.7325), the exchange rate shifted by +30.9767 (+3.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 947.5895 | 929.7923 | 939.8726 |
| February | 939.6704 | 926.8641 | 932.2453 |
| March | 935.2361 | 917.9921 | 922.5852 |
| April | 931.4299 | 913.4696 | 918.9198 |
| May | 928.3883 | 915.4923 | 922.9179 |
| June | 928.9093 | 921.3821 | 925.4730 |
| July | 930.0038 | 922.7180 | 926.5648 |
| August | 928.9857 | 922.8471 | 925.6081 |
| September | 928.5243 | 922.2744 | 924.7522 |
| October | 953.2106 | 927.4846 | 940.2798 |
| November | 953.6461 | 948.2389 | 950.7092 |
| December | 949.8729 | 928.8461 | 939.5112 |