2024 GTQ to ISK Historical Review

YEARLY HIGH

18.2693 ISK

YEARLY LOW

17.2892 ISK

YEARLY AVERAGE

17.7747 ISK

2024 GTQ to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 18.2693. Conversely, the yearly low was recorded on January 21, dropping to 17.2892.

This high-to-low spread represents a total annual volatility of 0.9801 ISK. From a start-to-finish perspective, comparing the January average rate of 17.5122 to the December average rate of 17.9970, the exchange rate registered a net change of 2.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.2693 was down 1.51% compared to the 2023 peak of 18.5485, 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 91,346 ISK

2023 Average 88,048 ISK

Yearly Trough Low 86,446 ISK

Transaction Impact: A difference of 4,900.58 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.0807

17.4605

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 17.7494, compared to 17.8000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0506 points.

H1 Avg (Jan–Jun) 17.7494

H2 Avg (Jul–Dec) 17.8000

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.5850 ISK (High: 17.8839 / Low: 17.2989). On the other end, July was the most stable month, with a tight range of 0.2433 ISK (High: 17.8726 / Low: 17.6293).

March Spread (Volatile) ±0.5850

July Spread (Stable) ±0.2433

Growth Streaks & Declines

Trends

Between October and December, 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 0.1589 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 18.0290) against the same month in 2023 (average: 17.5210), the exchange rate shifted by +0.5080 (+2.90%).

2024 Avg (April) 18.0290

2023 Avg (April) 17.5210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.6477	17.2892	17.5122
February	17.7852	17.4021	17.6344
March	17.8839	17.2989	17.5913
April	18.2693	17.8112	18.0290
May	18.0225	17.6591	17.8701
June	18.0170	17.6551	17.8593
July	17.8726	17.6293	17.7471
August	17.9603	17.5895	17.7981
September	17.9713	17.4403	17.7015
October	17.8844	17.4603	17.6817
November	18.0997	17.6407	17.8746
December	18.1475	17.8065	17.9970