2023 GTQ to RUB Historical Review

YEARLY HIGH

12.9314 RUB

YEARLY LOW

8.4364 RUB

YEARLY AVERAGE

10.9110 RUB

2023 GTQ to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 12.9314. Conversely, the yearly low was recorded on January 15, dropping to 8.4364.

This high-to-low spread represents a total annual volatility of 4.4951 RUB. From a start-to-finish perspective, comparing the January average rate of 8.9151 to the December average rate of 11.6264, the exchange rate registered a net change of 30.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.9314 was down 30.23% compared to the 2022 peak of 18.5343, 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 64,657 RUB

2022 Average 45,120 RUB

Yearly Trough Low 42,182 RUB

Transaction Impact: A difference of 22,475.28 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.7274

8.5685

JanuMarcMayJulySeptNove

GTQ to RUB 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 9.8818, compared to 11.9401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0582 points.

H1 Avg (Jan–Jun) 9.8818

H2 Avg (Jul–Dec) 11.9401

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 1.0670 RUB (High: 12.9314 / Low: 11.8644). On the other end, March was the most stable month, with a tight range of 0.4078 RUB (High: 10.0097 / Low: 9.6020).

October Spread (Volatile) ±1.0670

March Spread (Stable) ±0.4078

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8008 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.8008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 12.3808) against the same month in 2022 (average: 7.8702), the exchange rate shifted by +4.5106 (+57.31%).

2023 Avg (October) 12.3808

2022 Avg (October) 7.8702

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.3907	8.4364	8.9151
February	9.7389	8.9090	9.3880
March	10.0097	9.6020	9.7995
April	10.5201	9.9614	10.3972
May	10.4023	9.7498	10.1448
June	11.3210	10.2799	10.6464
July	11.7668	11.2827	11.5600
August	12.7142	11.7484	12.1975
September	12.5225	12.0365	12.2957
October	12.9314	11.8644	12.3808
November	11.9248	11.2683	11.5800
December	11.8914	11.2524	11.6264