2023 ILS to GTQ Historical Review

YEARLY HIGH

2.3338 GTQ

YEARLY LOW

1.9226 GTQ

YEARLY AVERAGE

2.1277 GTQ

2023 ILS to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 2.3338. Conversely, the yearly low was recorded on October 26, dropping to 1.9226.

This high-to-low spread represents a total annual volatility of 0.4112 GTQ. From a start-to-finish perspective, comparing the January average rate of 2.2793 to the December average rate of 2.1378, the exchange rate registered a net change of -6.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3338 was down 6.65% compared to the 2022 peak of 2.5000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,669 GTQ

2022 Average 11,552 GTQ

Yearly Trough Low 9,613 GTQ

Transaction Impact: A difference of 2,056.02 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3101

1.9403

JanuMarcMayJulySeptNove

ILS to GTQ 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 2.1779, compared to 2.0775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1003 points.

H1 Avg (Jan–Jun) 2.1779

H2 Avg (Jul–Dec) 2.0775

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1869 GTQ (High: 2.3151 / Low: 2.1281). On the other end, September was the most stable month, with a tight range of 0.0310 GTQ (High: 2.0750 / Low: 2.0440).

February Spread (Volatile) ±0.1869

September Spread (Stable) ±0.0310

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0902 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0902

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.2793) against the same month in 2022 (average: 2.4570), the exchange rate shifted by -0.1778 (-7.24%).

2023 Avg (January) 2.2793

2022 Avg (January) 2.4570

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3338	2.2106	2.2793
February	2.3151	2.1281	2.2112
March	2.1961	2.1041	2.1552
April	2.1848	2.1146	2.1434
May	2.1533	2.0922	2.1261
June	2.2057	2.0880	2.1521
July	2.1876	2.1012	2.1384
August	2.1631	2.0630	2.0985
September	2.0750	2.0440	2.0614
October	2.0675	1.9226	1.9711
November	2.1246	1.9520	2.0580
December	2.1766	2.1038	2.1378