YEARLY HIGH
16.5959 ISK
YEARLY LOW
15.0977 ISK
YEARLY AVERAGE
15.9184 ISK

2019 GTQ to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GTQ to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 16.5959. Conversely, the yearly low was recorded on January 1, dropping to 15.0977.

This high-to-low spread represents a total annual volatility of 1.4982 ISK. From a start-to-finish perspective, comparing the January average rate of 15.4902 to the December average rate of 15.8697, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 16.5959 was up 2.16% compared to the 2018 peak of 16.2444, 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 82,980 ISK
2018 Average 71,868 ISK
Yearly Trough Low 75,489 ISK
Transaction Impact: A difference of 7,491.12 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

16.3001
15.3946
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 15.7490, compared to 16.0879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3388 points.

H1 Avg (Jan–Jun) 15.7490
H2 Avg (Jul–Dec) 16.0879

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.8149 ISK (High: 15.9631 / Low: 15.1482). On the other end, October was the most stable month, with a tight range of 0.2467 ISK (High: 16.1487 / Low: 15.9020).

March Spread (Volatile) ±0.8149
October Spread (Stable) ±0.2467

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1674 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 16.2117) against the same month in 2018 (average: 14.4251), the exchange rate shifted by +1.7866 (+12.39%).

2019 Avg (September) 16.2117
2018 Avg (September) 14.4251

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.7197 15.0977 15.4902
February 15.6186 15.3254 15.4700
March 15.9631 15.1482 15.5842
April 16.0290 15.5005 15.7487
May 16.1732 15.8358 16.0146
June 16.4129 16.0049 16.1864
July 16.4591 15.6907 16.2246
August 16.4330 15.7889 16.1305
September 16.5959 15.9264 16.2117
October 16.1487 15.9020 16.0538
November 16.2350 15.7647 16.0370
December 16.0590 15.7217 15.8697