2023 GTQ to NZD Historical Review

YEARLY HIGH

0.2202 NZD

YEARLY LOW

0.1955 NZD

YEARLY AVERAGE

0.2081 NZD

2023 GTQ to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.2202. Conversely, the yearly low was recorded on February 1, dropping to 0.1955.

This high-to-low spread represents a total annual volatility of 0.0246 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1989 to the December average rate of 0.2050, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2202 was down 3.64% compared to the 2022 peak of 0.2285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,101 NZD

2022 Average 1,017 NZD

Yearly Trough Low 978 NZD

Transaction Impact: A difference of 123.24 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2182

0.1972

JanuMarcMayJulySeptNove

GTQ to NZD 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 0.2051, compared to 0.2111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.2051

H2 Avg (Jul–Dec) 0.2111

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0127 NZD (High: 0.2082 / Low: 0.1955). On the other end, September was the most stable month, with a tight range of 0.0049 NZD (High: 0.2166 / Low: 0.2118).

February Spread (Volatile) ±0.0127

September Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0082 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2164) against the same month in 2022 (average: 0.2237), the exchange rate shifted by -0.0072 (-3.23%).

2023 Avg (October) 0.2164

2022 Avg (October) 0.2237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2046	0.1961	0.1989
February	0.2082	0.1955	0.2033
March	0.2100	0.2046	0.2068
April	0.2104	0.2027	0.2067
May	0.2124	0.2011	0.2065
June	0.2115	0.2046	0.2081
July	0.2092	0.1995	0.2050
August	0.2158	0.2071	0.2126
September	0.2166	0.2118	0.2144
October	0.2202	0.2110	0.2164
November	0.2179	0.2075	0.2132
December	0.2085	0.2008	0.2050