YEARLY HIGH
17.1070 ISK
YEARLY LOW
14.6396 ISK
YEARLY AVERAGE
15.8764 ISK

2016 GTQ to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GTQ to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 17.1070. Conversely, the yearly low was recorded on December 6, dropping to 14.6396.

This high-to-low spread represents a total annual volatility of 2.4674 ISK. From a start-to-finish perspective, comparing the January average rate of 16.9871 to the December average rate of 15.0042, the exchange rate registered a net change of -11.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 17.1070 was down 6.83% compared to the 2015 peak of 18.3612, 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 85,535 ISK
2015 Average 86,108 ISK
Yearly Trough Low 73,198 ISK
Transaction Impact: A difference of 12,337.14 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

17.1905
14.7490
JanuMarcMayJulySeptNove

GTQ to ISK 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 16.4020, compared to 15.3508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0512 points.

H1 Avg (Jan–Jun) 16.4020
H2 Avg (Jul–Dec) 15.3508

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.8490 ISK (High: 16.8838 / Low: 16.0349). On the other end, September was the most stable month, with a tight range of 0.2121 ISK (High: 15.3806 / Low: 15.1686).

March Spread (Volatile) ±0.8490
September Spread (Stable) ±0.2121

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4142 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 16.9871) against the same month in 2015 (average: 17.2136), the exchange rate shifted by -0.2265 (-1.32%).

2016 Avg (January) 16.9871
2015 Avg (January) 17.2136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.1070 16.8808 16.9871
February 16.8865 16.5222 16.7076
March 16.8838 16.0349 16.4096
April 16.1623 15.8588 16.0304
May 16.4151 15.7227 16.1430
June 16.4182 15.8786 16.1347
July 16.1215 15.8110 16.0235
August 15.9562 15.3846 15.6618
September 15.3806 15.1686 15.2476
October 15.3170 15.0351 15.2154
November 15.1269 14.6921 14.9525
December 15.3051 14.6396 15.0042