YEARLY HIGH
0.4545 GTQ
YEARLY LOW
0.4085 GTQ
YEARLY AVERAGE
0.4328 GTQ

2023 MDL to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.4545. Conversely, the yearly low was recorded on January 8, dropping to 0.4085.

This high-to-low spread represents a total annual volatility of 0.0460 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.4133 to the December average rate of 0.4449, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4545 was up 4.53% compared to the 2022 peak of 0.4348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,273 GTQ
2022 Average 2,055 GTQ
Yearly Trough Low 2,042 GTQ
Transaction Impact: A difference of 230.19 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4481
0.4101
JanuMarcMayJulySeptNove

MDL 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 0.4264, compared to 0.4393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.4264
H2 Avg (Jul–Dec) 0.4393

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0266 GTQ (High: 0.4539 / Low: 0.4273). On the other end, October was the most stable month, with a tight range of 0.0061 GTQ (High: 0.4359 / Low: 0.4298).

July Spread (Volatile) ±0.0266
October Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0067 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.4449) against the same month in 2022 (average: 0.4072), the exchange rate shifted by +0.0377 (+9.25%).

2023 Avg (December) 0.4449
2022 Avg (December) 0.4072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4196 0.4085 0.4133
February 0.4201 0.4136 0.4173
March 0.4252 0.4136 0.4188
April 0.4363 0.4252 0.4319
May 0.4420 0.4344 0.4392
June 0.4423 0.4287 0.4377
July 0.4539 0.4273 0.4381
August 0.4489 0.4406 0.4444
September 0.4435 0.4307 0.4377
October 0.4359 0.4298 0.4324
November 0.4429 0.4322 0.4383
December 0.4545 0.4366 0.4449