2023 GTQ to SAR Historical Review

YEARLY HIGH

0.4884 SAR

YEARLY LOW

0.4736 SAR

YEARLY AVERAGE

0.4792 SAR

2023 GTQ to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.4884. Conversely, the yearly low was recorded on February 5, dropping to 0.4736.

This high-to-low spread represents a total annual volatility of 0.0148 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4786 to the December average rate of 0.4789, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4884 was down 0.61% compared to the 2022 peak of 0.4914, 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 2,442 SAR

2022 Average 2,422 SAR

Yearly Trough Low 2,368 SAR

Transaction Impact: A difference of 73.99 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4825

0.4762

JanuMarcMayJulySeptNove

GTQ to SAR 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 0.4801, compared to 0.4782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.4801

H2 Avg (Jul–Dec) 0.4782

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0086 SAR (High: 0.4823 / Low: 0.4736). On the other end, January was the most stable month, with a tight range of 0.0023 SAR (High: 0.4801 / Low: 0.4778).

February Spread (Volatile) ±0.0086

January Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4819) against the same month in 2022 (average: 0.4870), the exchange rate shifted by -0.0050 (-1.03%).

2023 Avg (March) 0.4819

2022 Avg (March) 0.4870

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4801	0.4778	0.4786
February	0.4823	0.4736	0.4790
March	0.4884	0.4804	0.4819
April	0.4870	0.4801	0.4815
May	0.4823	0.4791	0.4806
June	0.4814	0.4772	0.4787
July	0.4827	0.4773	0.4785
August	0.4806	0.4752	0.4774
September	0.4783	0.4756	0.4767
October	0.4802	0.4764	0.4785
November	0.4814	0.4783	0.4794
December	0.4802	0.4769	0.4789