YEARLY HIGH
15.6234 ISK
YEARLY LOW
13.2558 ISK
YEARLY AVERAGE
14.5052 ISK

2017 GTQ to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GTQ to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 15.6234. Conversely, the yearly low was recorded on June 3, dropping to 13.2558.

This high-to-low spread represents a total annual volatility of 2.3676 ISK. From a start-to-finish perspective, comparing the January average rate of 15.1997 to the December average rate of 14.2545, the exchange rate registered a net change of -6.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 15.6234 was down 8.67% compared to the 2016 peak of 17.1070, 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 78,117 ISK
2016 Average 79,375 ISK
Yearly Trough Low 66,279 ISK
Transaction Impact: A difference of 11,837.82 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

15.3449
13.6031
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 14.6447, compared to 14.3657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2790 points.

H1 Avg (Jan–Jun) 14.6447
H2 Avg (Jul–Dec) 14.3657

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 1.1167 ISK (High: 15.5155 / Low: 14.3988). On the other end, October was the most stable month, with a tight range of 0.2194 ISK (High: 14.4834 / Low: 14.2640).

April Spread (Volatile) ±1.1167
October Spread (Stable) ±0.2194

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.0056 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 15.1997) against the same month in 2016 (average: 16.9871), the exchange rate shifted by -1.7874 (-10.52%).

2017 Avg (January) 15.1997
2016 Avg (January) 16.9871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.6234 14.9205 15.1997
February 15.3579 14.4887 15.0311
March 15.4198 14.4579 14.8482
April 15.5155 14.3988 15.0234
May 14.4900 13.5007 14.0178
June 14.3459 13.2558 13.7483
July 14.7284 13.9051 14.2801
August 15.0614 14.3015 14.5639
September 14.8119 14.3254 14.5578
October 14.4834 14.2640 14.3490
November 14.4574 13.9854 14.1889
December 14.4351 14.0441 14.2545