YEARLY HIGH
0.9438 GTQ
YEARLY LOW
0.8417 GTQ
YEARLY AVERAGE
0.9004 GTQ

2021 NOK to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.9438. Conversely, the yearly low was recorded on December 4, dropping to 0.8417.

This high-to-low spread represents a total annual volatility of 0.1022 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.9144 to the December average rate of 0.8616, the exchange rate registered a net change of -5.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9438 was up 3.35% compared to the 2020 peak of 0.9133, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,719 GTQ
2020 Average 4,115 GTQ
Yearly Trough Low 4,208 GTQ
Transaction Impact: A difference of 510.96 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9355
0.8548
JanuMarcMayJulySeptNove

NOK 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: JanтАУJun) was 0.9159, compared to 0.8850 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0308 points.

H1 Avg (JanтАУJun) 0.9159
H2 Avg (JulтАУDec) 0.8850

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0659 GTQ (High: 0.9187 / Low: 0.8528). On the other end, September was the most stable month, with a tight range of 0.0204 GTQ (High: 0.9027 / Low: 0.8823).

November Spread (Volatile) ┬▒0.0659
September Spread (Stable) ┬▒0.0204

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0341 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.9190) against the same month in 2020 (average: 0.7399), the exchange rate shifted by +0.1792 (+24.22%).

2021 Avg (April) 0.9190
2020 Avg (April) 0.7399

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Month High Low Average
January 0.9272 0.8978 0.9144
February 0.9241 0.8893 0.9104
March 0.9189 0.8914 0.9052
April 0.9438 0.9013 0.9190
May 0.9397 0.9182 0.9288
June 0.9346 0.8920 0.9173
July 0.9049 0.8606 0.8832
August 0.8924 0.8561 0.8748
September 0.9027 0.8823 0.8934
October 0.9303 0.8963 0.9140
November 0.9187 0.8528 0.8832
December 0.8794 0.8417 0.8616