YEARLY HIGH
0.0062 GBP
YEARLY LOW
0.0051 GBP
YEARLY AVERAGE
0.0057 GBP

2023 HTG to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0062. Conversely, the yearly low was recorded on April 13, dropping to 0.0051.

This high-to-low spread represents a total annual volatility of 0.0011 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0060, the exchange rate registered a net change of 8.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0062 was down 21.19% compared to the 2022 peak of 0.0079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HTG based on timing:

Yearly Peak High 31 GBP
2022 Average 35 GBP
Yearly Trough Low 26 GBP
Transaction Impact: A difference of 5.32 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0062
0.0051
JanuMarcMayJulySeptNove

HTG to GBP 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 0.0055, compared to 0.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0055
H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0006 GBP (High: 0.0058 / Low: 0.0052). On the other end, December was the most stable month, with a tight range of 0.0001 GBP (High: 0.0060 / Low: 0.0059).

May Spread (Volatile) ±0.0006
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0061) against the same month in 2022 (average: 0.0071), the exchange rate shifted by -0.0010 (-13.87%).

2023 Avg (October) 0.0061
2022 Avg (October) 0.0071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0057 0.0054 0.0055
February 0.0056 0.0054 0.0055
March 0.0055 0.0052 0.0054
April 0.0053 0.0051 0.0052
May 0.0058 0.0052 0.0055
June 0.0058 0.0056 0.0057
July 0.0057 0.0055 0.0056
August 0.0059 0.0057 0.0058
September 0.0061 0.0058 0.0060
October 0.0062 0.0060 0.0061
November 0.0062 0.0059 0.0061
December 0.0060 0.0059 0.0060