YEARLY HIGH
1.1881 NOK
YEARLY LOW
1.0595 NOK
YEARLY AVERAGE
1.1113 NOK

2021 GTQ to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GTQ to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 1.1881. Conversely, the yearly low was recorded on April 28, dropping to 1.0595.

This high-to-low spread represents a total annual volatility of 0.1286 NOK. From a start-to-finish perspective, comparing the January average rate of 1.0937 to the December average rate of 1.1608, the exchange rate registered a net change of 6.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1881 was down 23.09% compared to the 2020 peak of 1.5448, 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 5,941 NOK
2020 Average 6,100 NOK
Yearly Trough Low 5,297 NOK
Transaction Impact: A difference of 643.20 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1693
1.0683
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: JanтАУJun) was 1.0921, compared to 1.1305 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0384 points.

H1 Avg (JanтАУJun) 1.0921
H2 Avg (JulтАУDec) 1.1305

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0842 NOK (High: 1.1726 / Low: 1.0885). On the other end, May was the most stable month, with a tight range of 0.0249 NOK (High: 1.0891 / Low: 1.0642).

November Spread (Volatile) ┬▒0.0842
May Spread (Stable) ┬▒0.0249

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0252 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.1608) against the same month in 2020 (average: 1.1151), the exchange rate shifted by +0.0458 (+4.10%).

2021 Avg (December) 1.1608
2020 Avg (December) 1.1151

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 1.1138 1.0785 1.0937
February 1.1245 1.0821 1.0985
March 1.1218 1.0882 1.1049
April 1.1096 1.0595 1.0883
May 1.0891 1.0642 1.0767
June 1.1211 1.0700 1.0904
July 1.1620 1.1051 1.1324
August 1.1680 1.1206 1.1433
September 1.1334 1.1078 1.1194
October 1.1156 1.0749 1.0942
November 1.1726 1.0885 1.1329
December 1.1881 1.1372 1.1608