2023 TRY to GTQ Historical Review

YEARLY HIGH

0.4207 GTQ

YEARLY LOW

0.2654 GTQ

YEARLY AVERAGE

0.3396 GTQ

2023 TRY to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.4207. Conversely, the yearly low was recorded on December 29, dropping to 0.2654.

This high-to-low spread represents a total annual volatility of 0.1553 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.4179 to the December average rate of 0.2692, the exchange rate registered a net change of -35.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4207 was down 28.83% compared to the 2022 peak of 0.5911, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,034 GTQ

2022 Average 23,699 GTQ

Yearly Trough Low 13,271 GTQ

Transaction Impact: A difference of 7,763.78 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4328

0.2543

JanuMarcMayJulySeptNove

TRY 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 0.3955, compared to 0.2838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1117 points.

H1 Avg (Jan–Jun) 0.3955

H2 Avg (Jul–Dec) 0.2838

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0740 GTQ (High: 0.3745 / Low: 0.3004). On the other end, January was the most stable month, with a tight range of 0.0038 GTQ (High: 0.4199 / Low: 0.4161).

June Spread (Volatile) ±0.0740

January Spread (Stable) ±0.0038

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 May and June, when the average rate fell by 0.0629 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4155) against the same month in 2022 (average: 0.5641), the exchange rate shifted by -0.1486 (-26.34%).

2023 Avg (February) 0.4155

2022 Avg (February) 0.5641

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4199	0.4161	0.4179
February	0.4207	0.4125	0.4155
March	0.4150	0.4043	0.4101
April	0.4064	0.3959	0.4028
May	0.4011	0.3765	0.3947
June	0.3745	0.3004	0.3318
July	0.3028	0.2905	0.2961
August	0.3031	0.2883	0.2919
September	0.2948	0.2862	0.2913
October	0.2866	0.2766	0.2811
November	0.2766	0.2703	0.2729
December	0.2717	0.2654	0.2692