YEARLY HIGH
2.9317 GTQ
YEARLY LOW
2.8457 GTQ
YEARLY AVERAGE
2.8971 GTQ

2023 XCD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.9317. Conversely, the yearly low was recorded on March 19, dropping to 2.8457.

This high-to-low spread represents a total annual volatility of 0.0859 GTQ. From a start-to-finish perspective, comparing the January average rate of 2.9040 to the December average rate of 2.8981, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9317 was down 0.22% compared to the 2022 peak of 2.9380, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,658 GTQ
2022 Average 14,339 GTQ
Yearly Trough Low 14,229 GTQ
Transaction Impact: A difference of 429.67 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9139
2.8798
JanuMarcMayJulySeptNove

XCD 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 2.8923, compared to 2.9020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 2.8923
H2 Avg (Jul–Dec) 2.9020

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0526 GTQ (High: 2.9317 / Low: 2.8791). On the other end, January was the most stable month, with a tight range of 0.0117 GTQ (High: 2.9066 / Low: 2.8949).

February Spread (Volatile) ±0.0526
January Spread (Stable) ±0.0117

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0152 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.8981) against the same month in 2022 (average: 2.8480), the exchange rate shifted by +0.0501 (+1.76%).

2023 Avg (February) 2.8981
2022 Avg (February) 2.8480

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9066 2.8949 2.9040
February 2.9317 2.8791 2.8981
March 2.8912 2.8457 2.8829
April 2.8904 2.8500 2.8826
May 2.8972 2.8771 2.8872
June 2.9084 2.8832 2.8988
July 2.9082 2.8745 2.9003
August 2.9214 2.8886 2.9071
September 2.9183 2.9016 2.9110
October 2.9147 2.8900 2.9007
November 2.9024 2.8771 2.8944
December 2.9094 2.8906 2.8981