YEARLY HIGH
19.1177 ISK
YEARLY LOW
15.6303 ISK
YEARLY AVERAGE
17.5266 ISK

2020 GTQ to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GTQ to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 19.1177. Conversely, the yearly low was recorded on January 1, dropping to 15.6303.

This high-to-low spread represents a total annual volatility of 3.4874 ISK. From a start-to-finish perspective, comparing the January average rate of 16.0400 to the December average rate of 16.3205, the exchange rate registered a net change of 1.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.1177 was up 15.19% compared to the 2019 peak of 16.5959, 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 95,588 ISK
2019 Average 79,604 ISK
Yearly Trough Low 78,151 ISK
Transaction Impact: A difference of 17,437.03 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.0032
15.7706
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 17.5200, compared to 17.5332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 17.5200
H2 Avg (Jul–Dec) 17.5332

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.9787 ISK (High: 18.4844 / Low: 16.5057). On the other end, October was the most stable month, with a tight range of 0.4157 ISK (High: 18.1259 / Low: 17.7102).

March Spread (Volatile) ±1.9787
October Spread (Stable) ±0.4157

Growth Streaks & Declines

Trends

Between January and April, 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 1.2084 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 18.6255) against the same month in 2019 (average: 16.0146), the exchange rate shifted by +2.6109 (+16.30%).

2020 Avg (May) 18.6255
2019 Avg (May) 16.0146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.2123 15.6303 16.0400
February 16.7952 16.0493 16.5533
March 18.4844 16.5057 17.5263
April 19.0919 18.4478 18.7338
May 19.1177 17.6701 18.6255
June 18.1523 17.0936 17.6408
July 18.3257 17.4625 17.9735
August 17.9538 17.4913 17.7448
September 18.1599 17.3832 17.7657
October 18.1259 17.7102 17.8657
November 18.1247 17.0074 17.5289
December 16.7446 16.0144 16.3205