2023 MXN to GTQ Historical Review

YEARLY HIGH

0.4705 GTQ

YEARLY LOW

0.4025 GTQ

YEARLY AVERAGE

0.4421 GTQ

2023 MXN to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 0.4705. Conversely, the yearly low was recorded on January 1, dropping to 0.4025.

This high-to-low spread represents a total annual volatility of 0.0680 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.4139 to the December average rate of 0.4563, the exchange rate registered a net change of 10.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4705 was up 15.00% compared to the 2022 peak of 0.4091, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 23,525 GTQ

2022 Average 19,282 GTQ

Yearly Trough Low 20,126 GTQ

Transaction Impact: A difference of 3,398.50 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4682

0.4090

JanuMarcMayJulySeptNove

MXN 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 0.4307, compared to 0.4535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 0.4307

H2 Avg (Jul–Dec) 0.4535

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0284 GTQ (High: 0.4351 / Low: 0.4066). On the other end, April was the most stable month, with a tight range of 0.0075 GTQ (High: 0.4336 / Low: 0.4261).

March Spread (Volatile) ±0.0284

April Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between January and July, 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 September and October, when the average rate fell by 0.0214 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4633) against the same month in 2022 (average: 0.3776), the exchange rate shifted by +0.0857 (+22.70%).

2023 Avg (July) 0.4633

2022 Avg (July) 0.3776

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4210	0.4025	0.4139
February	0.4266	0.4093	0.4212
March	0.4351	0.4066	0.4234
April	0.4336	0.4261	0.4312
May	0.4471	0.4336	0.4402
June	0.4592	0.4459	0.4543
July	0.4705	0.4538	0.4633
August	0.4697	0.4532	0.4626
September	0.4611	0.4448	0.4549
October	0.4524	0.4274	0.4335
November	0.4577	0.4398	0.4502
December	0.4634	0.4483	0.4563