YEARLY HIGH
0.9665 GTQ
YEARLY LOW
0.9194 GTQ
YEARLY AVERAGE
0.9383 GTQ

2023 SBD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.9665. Conversely, the yearly low was recorded on November 26, dropping to 0.9194.

This high-to-low spread represents a total annual volatility of 0.0471 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.9496 to the December average rate of 0.9261, the exchange rate registered a net change of -2.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9665 was down 0.71% compared to the 2022 peak of 0.9735, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,833 GTQ
2022 Average 4,762 GTQ
Yearly Trough Low 4,597 GTQ
Transaction Impact: A difference of 235.46 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9538
0.9236
JanuMarcMayJulySeptNove

SBD 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 0.9440, compared to 0.9325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.9440
H2 Avg (Jul–Dec) 0.9325

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0252 GTQ (High: 0.9665 / Low: 0.9413). On the other end, June was the most stable month, with a tight range of 0.0058 GTQ (High: 0.9423 / Low: 0.9365).

February Spread (Volatile) ±0.0252
June Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0073 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.9513) against the same month in 2022 (average: 0.9516), the exchange rate shifted by -0.0003 (-0.03%).

2023 Avg (February) 0.9513
2022 Avg (February) 0.9516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9561 0.9427 0.9496
February 0.9665 0.9413 0.9513
March 0.9528 0.9379 0.9467
April 0.9454 0.9241 0.9395
May 0.9429 0.9329 0.9371
June 0.9423 0.9365 0.9398
July 0.9418 0.9237 0.9370
August 0.9434 0.9328 0.9388
September 0.9423 0.9307 0.9366
October 0.9396 0.9216 0.9296
November 0.9330 0.9194 0.9272
December 0.9330 0.9221 0.9261