YEARLY HIGH
17.1701 ISK
YEARLY LOW
15.5011 ISK
YEARLY AVERAGE
16.4121 ISK

2021 GTQ to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GTQ to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 17.1701. Conversely, the yearly low was recorded on June 2, dropping to 15.5011.

This high-to-low spread represents a total annual volatility of 1.6690 ISK. From a start-to-finish perspective, comparing the January average rate of 16.4967 to the December average rate of 16.8315, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 17.1701 was down 10.19% compared to the 2020 peak of 19.1177, 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 85,850 ISK
2020 Average 87,638 ISK
Yearly Trough Low 77,505 ISK
Transaction Impact: A difference of 8,345.10 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

16.9973
15.6741
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 16.2739, compared to 16.5502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2762 points.

H1 Avg (Jan–Jun) 16.2739
H2 Avg (Jul–Dec) 16.5502

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.7203 ISK (High: 16.3226 / Low: 15.6023). On the other end, December was the most stable month, with a tight range of 0.2505 ISK (High: 16.9547 / Low: 16.7042).

May Spread (Volatile) ±0.7203
December Spread (Stable) ±0.2505

Growth Streaks & Declines

Trends

Between June and November, 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 April and May, when the average rate fell by 0.3442 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3442

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 16.8871) against the same month in 2020 (average: 17.5289), the exchange rate shifted by -0.6418 (-3.66%).

2021 Avg (November) 16.8871
2020 Avg (November) 17.5289

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.6728 16.2398 16.4967
February 16.7527 16.3746 16.5641
March 16.6970 16.2168 16.4976
April 16.5472 15.8706 16.3226
May 16.3226 15.6023 15.9784
June 15.9726 15.5011 15.7844
July 16.2984 15.8975 16.0509
August 16.5384 15.9511 16.2884
September 16.8701 16.3281 16.5595
October 16.8085 16.5532 16.6838
November 17.1701 16.7079 16.8871
December 16.9547 16.7042 16.8315