YEARLY HIGH
1.1680 NOK
YEARLY LOW
1.0374 NOK
YEARLY AVERAGE
1.1047 NOK

2016 GTQ to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GTQ to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.1680. Conversely, the yearly low was recorded on May 2, dropping to 1.0374.

This high-to-low spread represents a total annual volatility of 0.1306 NOK. From a start-to-finish perspective, comparing the January average rate of 1.1518 to the December average rate of 1.1422, the exchange rate registered a net change of -0.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1680 was up 0.96% compared to the 2015 peak of 1.1568, 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 5,840 NOK
2015 Average 5,268 NOK
Yearly Trough Low 5,187 NOK
Transaction Impact: A difference of 652.85 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1605
1.0555
JanuMarcMayJulySeptNove

GTQ to NOK 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 1.0998, compared to 1.1097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 1.0998
H2 Avg (Jul–Dec) 1.1097

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0594 NOK (High: 1.1197 / Low: 1.0603). On the other end, February was the most stable month, with a tight range of 0.0195 NOK (High: 1.1356 / Low: 1.1161).

June Spread (Volatile) ±0.0594
February Spread (Stable) ±0.0195

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0333 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.1518) against the same month in 2015 (average: 1.0046), the exchange rate shifted by +0.1472 (+14.65%).

2016 Avg (January) 1.1518
2015 Avg (January) 1.0046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1680 1.1246 1.1518
February 1.1356 1.1161 1.1232
March 1.1275 1.0736 1.0976
April 1.0804 1.0422 1.0642
May 1.0965 1.0374 1.0755
June 1.1197 1.0603 1.0862
July 1.1299 1.0878 1.1127
August 1.1274 1.0876 1.1018
September 1.1046 1.0630 1.0910
October 1.1028 1.0614 1.0886
November 1.1455 1.0879 1.1217
December 1.1670 1.1122 1.1422