YEARLY HIGH
1.1880 NOK
YEARLY LOW
1.0579 NOK
YEARLY AVERAGE
1.1246 NOK

2017 GTQ to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GTQ to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 1.1880. Conversely, the yearly low was recorded on September 8, dropping to 1.0579.

This high-to-low spread represents a total annual volatility of 0.1301 NOK. From a start-to-finish perspective, comparing the January average rate of 1.1259 to the December average rate of 1.1305, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1880 was up 1.71% compared to the 2016 peak of 1.1680, 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 5,940 NOK
2016 Average 5,524 NOK
Yearly Trough Low 5,289 NOK
Transaction Impact: A difference of 650.72 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1799
1.0622
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 1.1480, compared to 1.1013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0467 points.

H1 Avg (Jan–Jun) 1.1480
H2 Avg (Jul–Dec) 1.1013

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0635 NOK (High: 1.1458 / Low: 1.0824). On the other end, June was the most stable month, with a tight range of 0.0239 NOK (High: 1.1638 / Low: 1.1399).

July Spread (Volatile) ±0.0635
June Spread (Stable) ±0.0239

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0357 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 1.1593) against the same month in 2016 (average: 1.0755), the exchange rate shifted by +0.0837 (+7.79%).

2017 Avg (May) 1.1593
2016 Avg (May) 1.0755

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1497 1.1075 1.1259
February 1.1397 1.0981 1.1236
March 1.1731 1.1426 1.1564
April 1.1855 1.1609 1.1701
May 1.1880 1.1366 1.1593
June 1.1638 1.1399 1.1526
July 1.1458 1.0824 1.1169
August 1.0998 1.0586 1.0853
September 1.0858 1.0579 1.0720
October 1.1126 1.0734 1.0881
November 1.1374 1.1055 1.1151
December 1.1472 1.1180 1.1305