YEARLY HIGH
2696.8680 SLL
YEARLY LOW
2229.5901 SLL
YEARLY AVERAGE
2436.2916 SLL

2023 GTQ to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2696.8680. Conversely, the yearly low was recorded on February 5, dropping to 2229.5901.

This high-to-low spread represents a total annual volatility of 467.2779 SLL. From a start-to-finish perspective, comparing the January average rate of 2250.8386 to the December average rate of 2677.3350, the exchange rate registered a net change of 18.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2696.8680 was up 18.44% compared to the 2022 peak of 2276.9721, 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 13,484,340 SLL
2022 Average 8,846,782 SLL
Yearly Trough Low 11,147,950 SLL
Transaction Impact: A difference of 2,336,389.61 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2723.7166
2207.8496
JanuMarcMayJulySeptNove

GTQ to SLL 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 2259.9943, compared to 2612.5889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 352.5947 points.

H1 Avg (Jan–Jun) 2259.9943
H2 Avg (Jul–Dec) 2612.5889

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 431.2835 SLL (High: 2680.1378 / Low: 2248.8543). On the other end, January was the most stable month, with a tight range of 9.0755 SLL (High: 2257.9206 / Low: 2248.8451).

July Spread (Volatile) ±431.2835
January Spread (Stable) ±9.0755

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 9.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2680.7277) against the same month in 2022 (average: 2258.5028), the exchange rate shifted by +422.2249 (+18.69%).

2023 Avg (November) 2680.7277
2022 Avg (November) 2258.5028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2257.9206 2248.8451 2250.8386
February 2270.3219 2229.5901 2255.4226
March 2296.9187 2260.8335 2267.3202
April 2293.4827 2261.4063 2267.5552
May 2271.8820 2256.0987 2263.9150
June 2267.0534 2247.4632 2254.9141
July 2680.1378 2248.8543 2308.0979
August 2686.1098 2655.9751 2669.0134
September 2674.0498 2658.7527 2665.4481
October 2684.8101 2662.1132 2674.9115
November 2696.8680 2673.3847 2680.7277
December 2684.2963 2666.9280 2677.3350