YEARLY HIGH
2.1113 GTQ
YEARLY LOW
2.0473 GTQ
YEARLY AVERAGE
2.0870 GTQ

2023 SAR to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.1113. Conversely, the yearly low was recorded on March 19, dropping to 2.0473.

This high-to-low spread represents a total annual volatility of 0.0640 GTQ. From a start-to-finish perspective, comparing the January average rate of 2.0894 to the December average rate of 2.0880, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1113 was down 0.05% compared to the 2022 peak of 2.1124, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,556 GTQ
2022 Average 10,321 GTQ
Yearly Trough Low 10,237 GTQ
Transaction Impact: A difference of 319.80 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0998
2.0727
JanuMarcMayJulySeptNove

SAR 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 2.0831, compared to 2.0910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 2.0831
H2 Avg (Jul–Dec) 2.0910

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0378 GTQ (High: 2.1113 / Low: 2.0735). On the other end, January was the most stable month, with a tight range of 0.0102 GTQ (High: 2.0931 / Low: 2.0830).

February Spread (Volatile) ±0.0378
January Spread (Stable) ±0.0102

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 0.0128 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.0878) against the same month in 2022 (average: 2.0515), the exchange rate shifted by +0.0363 (+1.77%).

2023 Avg (February) 2.0878
2022 Avg (February) 2.0515

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0931 2.0830 2.0894
February 2.1113 2.0735 2.0878
March 2.0816 2.0473 2.0750
April 2.0827 2.0534 2.0768
May 2.0874 2.0732 2.0806
June 2.0955 2.0772 2.0888
July 2.0949 2.0715 2.0898
August 2.1043 2.0809 2.0945
September 2.1026 2.0906 2.0976
October 2.0992 2.0823 2.0900
November 2.0908 2.0775 2.0859
December 2.0969 2.0825 2.0880