2023 ISK to GTQ Historical Review

YEARLY HIGH

0.0603 GTQ

YEARLY LOW

0.0539 GTQ

YEARLY AVERAGE

0.0568 GTQ

2023 ISK to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0603. Conversely, the yearly low was recorded on February 25, dropping to 0.0539.

This high-to-low spread represents a total annual volatility of 0.0064 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.0549 to the December average rate of 0.0568, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0603 was down 2.70% compared to the 2022 peak of 0.0620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 301 GTQ

2022 Average 287 GTQ

Yearly Trough Low 270 GTQ

Transaction Impact: A difference of 31.85 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0601

0.0543

JanuMarcMayJulySeptNove

ISK 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 0.0559, compared to 0.0577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0559

H2 Avg (Jul–Dec) 0.0577

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0029 GTQ (High: 0.0601 / Low: 0.0572). On the other end, October was the most stable month, with a tight range of 0.0010 GTQ (High: 0.0572 / Low: 0.0562).

July Spread (Volatile) ±0.0029

October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0596) against the same month in 2022 (average: 0.0559), the exchange rate shifted by +0.0037 (+6.69%).

2023 Avg (August) 0.0596

2022 Avg (August) 0.0559

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0557	0.0542	0.0549
February	0.0563	0.0539	0.0547
March	0.0574	0.0548	0.0557
April	0.0578	0.0564	0.0571
May	0.0575	0.0554	0.0564
June	0.0583	0.0555	0.0568
July	0.0601	0.0572	0.0591
August	0.0603	0.0592	0.0596
September	0.0597	0.0571	0.0581
October	0.0572	0.0562	0.0566
November	0.0571	0.0545	0.0559
December	0.0580	0.0559	0.0568