YEARLY HIGH
2.1024 GTQ
YEARLY LOW
2.0430 GTQ
YEARLY AVERAGE
2.0687 GTQ

2024 SAR to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.1024. Conversely, the yearly low was recorded on December 21, dropping to 2.0430.

This high-to-low spread represents a total annual volatility of 0.0594 GTQ. From a start-to-finish perspective, comparing the January average rate of 2.0846 to the December average rate of 2.0513, the exchange rate registered a net change of -1.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1024 was down 0.42% compared to the 2023 peak of 2.1113, 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 10,512 GTQ
2023 Average 10,435 GTQ
Yearly Trough Low 10,215 GTQ
Transaction Impact: A difference of 296.76 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0880
2.0480
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 2.0772, compared to 2.0602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 2.0772
H2 Avg (Jul–Dec) 2.0602

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0260 GTQ (High: 2.1024 / Low: 2.0764). On the other end, July was the most stable month, with a tight range of 0.0091 GTQ (High: 2.0732 / Low: 2.0640).

February Spread (Volatile) ±0.0260
July Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0060 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.0827) against the same month in 2023 (average: 2.0878), the exchange rate shifted by -0.0050 (-0.24%).

2024 Avg (February) 2.0827
2023 Avg (February) 2.0878

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0920 2.0776 2.0846
February 2.1024 2.0764 2.0827
March 2.0877 2.0703 2.0797
April 2.0797 2.0687 2.0742
May 2.0745 2.0608 2.0710
June 2.0855 2.0639 2.0707
July 2.0732 2.0640 2.0687
August 2.0712 2.0487 2.0627
September 2.0654 2.0551 2.0615
October 2.0690 2.0562 2.0607
November 2.0701 2.0482 2.0566
December 2.0565 2.0430 2.0513