2023 JOD to GTQ Historical Review

YEARLY HIGH

11.1686 GTQ

YEARLY LOW

10.8336 GTQ

YEARLY AVERAGE

11.0397 GTQ

2023 JOD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 11.1686. Conversely, the yearly low was recorded on March 19, dropping to 10.8336.

This high-to-low spread represents a total annual volatility of 0.3350 GTQ. From a start-to-finish perspective, comparing the January average rate of 11.0628 to the December average rate of 11.0402, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.1686 was down 0.27% compared to the 2022 peak of 11.1992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,843 GTQ

2022 Average 54,653 GTQ

Yearly Trough Low 54,168 GTQ

Transaction Impact: A difference of 1,675.08 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.1137

10.9693

JanuMarcMayJulySeptNove

JOD 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 11.0178, compared to 11.0615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0436 points.

H1 Avg (Jan–Jun) 11.0178

H2 Avg (Jul–Dec) 11.0615

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2096 GTQ (High: 11.1686 / Low: 10.9589). On the other end, January was the most stable month, with a tight range of 0.0435 GTQ (High: 11.0735 / Low: 11.0300).

February Spread (Volatile) ±0.2096

January Spread (Stable) ±0.0435

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0583 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 11.0396) against the same month in 2022 (average: 10.8557), the exchange rate shifted by +0.1840 (+1.69%).

2023 Avg (February) 11.0396

2022 Avg (February) 10.8557

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.0735	11.0300	11.0628
February	11.1686	10.9589	11.0396
March	11.0122	10.8336	10.9813
April	11.0114	10.8574	10.9820
May	11.0358	10.9607	10.9983
June	11.0813	10.9825	11.0430
July	11.0915	10.9508	11.0522
August	11.1546	11.0248	11.0969
September	11.1382	11.0573	11.1017
October	11.1006	11.0068	11.0501
November	11.0585	10.9622	11.0278
December	11.0825	11.0120	11.0402