YEARLY HIGH
0.9879 DKK
YEARLY LOW
0.8421 DKK
YEARLY AVERAGE
0.9125 DKK

2022 GTQ to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GTQ to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.9879. Conversely, the yearly low was recorded on January 13, dropping to 0.8421.

This high-to-low spread represents a total annual volatility of 0.1457 DKK. From a start-to-finish perspective, comparing the January average rate of 0.8531 to the December average rate of 0.8925, the exchange rate registered a net change of 4.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9879 was up 15.18% compared to the 2021 peak of 0.8577, 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 4,939 DKK
2021 Average 4,065 DKK
Yearly Trough Low 4,211 DKK
Transaction Impact: A difference of 728.65 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9744
0.8414
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 0.8845, compared to 0.9405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0561 points.

H1 Avg (Jan–Jun) 0.8845
H2 Avg (Jul–Dec) 0.9405

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0657 DKK (High: 0.9778 / Low: 0.9121). On the other end, December was the most stable month, with a tight range of 0.0171 DKK (High: 0.9019 / Low: 0.8849).

November Spread (Volatile) ±0.0657
December Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

Between February and May, 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 0.0401 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.9633) against the same month in 2021 (average: 0.8164), the exchange rate shifted by +0.1469 (+17.99%).

2022 Avg (September) 0.9633
2021 Avg (September) 0.8164

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8694 0.8421 0.8531
February 0.8690 0.8449 0.8525
March 0.8898 0.8658 0.8775
April 0.9257 0.8744 0.8960
May 0.9350 0.9002 0.9174
June 0.9236 0.8972 0.9104
July 0.9590 0.9199 0.9430
August 0.9676 0.9315 0.9496
September 0.9879 0.9410 0.9633
October 0.9737 0.9437 0.9622
November 0.9778 0.9121 0.9326
December 0.9019 0.8849 0.8925