YEARLY HIGH
0.5162 GTQ
YEARLY LOW
0.4994 GTQ
YEARLY AVERAGE
0.5094 GTQ

2023 MVR to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.5162. Conversely, the yearly low was recorded on March 19, dropping to 0.4994.

This high-to-low spread represents a total annual volatility of 0.0168 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.5101 to the December average rate of 0.5095, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5162 was up 0.11% compared to the 2022 peak of 0.5156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,581 GTQ
2022 Average 2,513 GTQ
Yearly Trough Low 2,497 GTQ
Transaction Impact: A difference of 83.78 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5115
0.5063
JanuMarcMayJulySeptNove

MVR 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 0.5089, compared to 0.5099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.5089
H2 Avg (Jul–Dec) 0.5099

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0103 GTQ (High: 0.5139 / Low: 0.5036). On the other end, December was the most stable month, with a tight range of 0.0032 GTQ (High: 0.5108 / Low: 0.5076).

November Spread (Volatile) ±0.0103
December Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5101) against the same month in 2022 (average: 0.4982), the exchange rate shifted by +0.0119 (+2.39%).

2023 Avg (February) 0.5101
2022 Avg (February) 0.4982

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5117 0.5080 0.5101
February 0.5162 0.5066 0.5101
March 0.5091 0.4994 0.5068
April 0.5089 0.5014 0.5073
May 0.5111 0.5062 0.5085
June 0.5128 0.5089 0.5106
July 0.5125 0.5044 0.5098
August 0.5140 0.5086 0.5111
September 0.5121 0.5080 0.5103
October 0.5132 0.5072 0.5095
November 0.5139 0.5036 0.5091
December 0.5108 0.5076 0.5095