YEARLY HIGH
19.0405 ISK
YEARLY LOW
16.1403 ISK
YEARLY AVERAGE
17.4437 ISK

2022 GTQ to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GTQ to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 19.0405. Conversely, the yearly low was recorded on February 9, dropping to 16.1403.

This high-to-low spread represents a total annual volatility of 2.9001 ISK. From a start-to-finish perspective, comparing the January average rate of 16.7411 to the December average rate of 18.0835, the exchange rate registered a net change of 8.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 19.0405 was up 10.89% compared to the 2021 peak of 17.1701, 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 95,202 ISK
2021 Average 82,055 ISK
Yearly Trough Low 80,702 ISK
Transaction Impact: A difference of 14,500.64 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

18.6778
16.0279
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 16.7943, compared to 18.0932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2988 points.

H1 Avg (Jan–Jun) 16.7943
H2 Avg (Jul–Dec) 18.0932

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.0239 ISK (High: 19.0405 / Low: 18.0166). On the other end, January was the most stable month, with a tight range of 0.3484 ISK (High: 16.9577 / Low: 16.6093).

November Spread (Volatile) ±1.0239
January Spread (Stable) ±0.3484

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 January and February, when the average rate fell by 0.4923 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 18.4570) against the same month in 2021 (average: 16.8871), the exchange rate shifted by +1.5700 (+9.30%).

2022 Avg (November) 18.4570
2021 Avg (November) 16.8871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.9577 16.6093 16.7411
February 16.5687 16.1403 16.2488
March 17.4578 16.5520 16.9140
April 17.1418 16.6523 16.8379
May 17.5538 16.5318 17.0769
June 17.2355 16.5378 16.9475
July 17.9235 17.2274 17.6228
August 18.2994 17.4617 17.9062
September 18.5308 17.7539 18.1817
October 18.5860 17.9113 18.3078
November 19.0405 18.0166 18.4570
December 18.2899 17.9072 18.0835