2023 GTQ to STD Historical Review

YEARLY HIGH

2967.7244 STD

YEARLY LOW

2822.1897 STD

YEARLY AVERAGE

2885.5884 STD

2023 GTQ to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2967.7244. Conversely, the yearly low was recorded on August 13, dropping to 2822.1897.

This high-to-low spread represents a total annual volatility of 145.5347 STD. From a start-to-finish perspective, comparing the January average rate of 2908.1867 to the December average rate of 2844.8863, the exchange rate registered a net change of -2.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2967.7244 was down 3.04% compared to the 2022 peak of 3060.7821, 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 14,838,622 STD

2022 Average 14,301,816 STD

Yearly Trough Low 14,110,948 STD

Transaction Impact: A difference of 727,673.36 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2939.5384

2822.5025

JanuMarcMayJulySeptNove

GTQ to STD 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 2920.0163, compared to 2851.1605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 68.8558 points.

H1 Avg (Jan–Jun) 2920.0163

H2 Avg (Jul–Dec) 2851.1605

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 102.9842 STD (High: 2938.0211 / Low: 2835.0370). On the other end, January was the most stable month, with a tight range of 11.7260 STD (High: 2917.3370 / Low: 2905.6111).

July Spread (Volatile) ±102.9842

January Spread (Stable) ±11.7260

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 July and August, when the average rate fell by 66.9312 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -66.9312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2929.4817) against the same month in 2022 (average: 2777.9869), the exchange rate shifted by +151.4948 (+5.45%).

2023 Avg (March) 2929.4817

2022 Avg (March) 2777.9869

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2917.3370	2905.6111	2908.1867
February	2933.3600	2880.7327	2914.1095
March	2967.7244	2921.1006	2929.4817
April	2963.2849	2921.8407	2929.7854
May	2935.3757	2914.9830	2925.0820
June	2929.1370	2903.8256	2913.4525
July	2938.0211	2835.0370	2902.9751
August	2854.2102	2822.1897	2836.0439
September	2841.3955	2825.1411	2832.2555
October	2852.8292	2828.7118	2842.3111
November	2865.6417	2840.6887	2848.4913
December	2852.2832	2833.8280	2844.8863