YEARLY HIGH
0.9590 DKK
YEARLY LOW
0.8354 DKK
YEARLY AVERAGE
0.8852 DKK

2016 GTQ to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GTQ to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.9590. Conversely, the yearly low was recorded on May 2, dropping to 0.8354.

This high-to-low spread represents a total annual volatility of 0.1235 DKK. From a start-to-finish perspective, comparing the January average rate of 0.8977 to the December average rate of 0.9403, the exchange rate registered a net change of 4.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9590 was up 2.89% compared to the 2015 peak of 0.9320, 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 4,795 DKK
2015 Average 4,391 DKK
Yearly Trough Low 4,177 DKK
Transaction Impact: A difference of 617.70 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9495
0.8400
JanuMarcMayJulySeptNove

GTQ to DKK 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 0.8696, compared to 0.9008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0313 points.

H1 Avg (Jan–Jun) 0.8696
H2 Avg (Jul–Dec) 0.9008

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0461 DKK (High: 0.9372 / Low: 0.8911). On the other end, September was the most stable month, with a tight range of 0.0114 DKK (High: 0.8881 / Low: 0.8768).

November Spread (Volatile) ±0.0461
September Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0204 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.9403) against the same month in 2015 (average: 0.9000), the exchange rate shifted by +0.0403 (+4.48%).

2016 Avg (December) 0.9403
2015 Avg (December) 0.9000

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9044 0.8901 0.8977
February 0.8946 0.8627 0.8773
March 0.8927 0.8494 0.8681
April 0.8562 0.8411 0.8491
May 0.8773 0.8354 0.8598
June 0.8838 0.8537 0.8655
July 0.8926 0.8746 0.8833
August 0.8889 0.8730 0.8812
September 0.8881 0.8768 0.8824
October 0.9124 0.8813 0.8992
November 0.9372 0.8911 0.9186
December 0.9590 0.9200 0.9403