YEARLY HIGH
0.0578 GTQ
YEARLY LOW
0.0547 GTQ
YEARLY AVERAGE
0.0563 GTQ

2024 ISK to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0578. Conversely, the yearly low was recorded on April 16, dropping to 0.0547.

This high-to-low spread represents a total annual volatility of 0.0031 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.0571 to the December average rate of 0.0556, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0578 was down 4.05% compared to the 2023 peak of 0.0603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 289 GTQ
2023 Average 284 GTQ
Yearly Trough Low 274 GTQ
Transaction Impact: A difference of 15.51 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0573
0.0553
JanuMarcMayJulySeptNove

ISK to GTQ 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 0.0563, compared to 0.0562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0563
H2 Avg (Jul–Dec) 0.0562

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0019 GTQ (High: 0.0578 / Low: 0.0559). On the other end, July was the most stable month, with a tight range of 0.0008 GTQ (High: 0.0567 / Low: 0.0560).

March Spread (Volatile) ±0.0019
July Spread (Stable) ±0.0008

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 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0571) against the same month in 2023 (average: 0.0549), the exchange rate shifted by +0.0022 (+3.97%).

2024 Avg (January) 0.0571
2023 Avg (January) 0.0549

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0578 0.0567 0.0571
February 0.0575 0.0562 0.0567
March 0.0578 0.0559 0.0569
April 0.0561 0.0547 0.0555
May 0.0566 0.0555 0.0560
June 0.0566 0.0555 0.0560
July 0.0567 0.0560 0.0563
August 0.0569 0.0557 0.0562
September 0.0573 0.0556 0.0565
October 0.0573 0.0559 0.0566
November 0.0567 0.0552 0.0559
December 0.0562 0.0551 0.0556