YEARLY HIGH
0.9639 GTQ
YEARLY LOW
0.8562 GTQ
YEARLY AVERAGE
0.9058 GTQ

2016 NOK to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.9639. Conversely, the yearly low was recorded on January 6, dropping to 0.8562.

This high-to-low spread represents a total annual volatility of 0.1078 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.8683 to the December average rate of 0.8757, the exchange rate registered a net change of 0.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9639 was down 7.92% compared to the 2015 peak of 1.0468, 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 4,820 GTQ
2015 Average 4,757 GTQ
Yearly Trough Low 4,281 GTQ
Transaction Impact: A difference of 538.79 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9469
0.8612
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: Jan–Jun) was 0.9101, compared to 0.9016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.9101
H2 Avg (Jul–Dec) 0.9016

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0520 GTQ (High: 0.9639 / Low: 0.9120). On the other end, February was the most stable month, with a tight range of 0.0154 GTQ (High: 0.8960 / Low: 0.8806).

May Spread (Volatile) ±0.0520
February Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0269 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.9300) against the same month in 2015 (average: 1.0184), the exchange rate shifted by -0.0884 (-8.68%).

2016 Avg (May) 0.9300
2015 Avg (May) 1.0184

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8892 0.8562 0.8683
February 0.8960 0.8806 0.8903
March 0.9315 0.8869 0.9112
April 0.9595 0.9256 0.9397
May 0.9639 0.9120 0.9300
June 0.9431 0.8931 0.9208
July 0.9193 0.8851 0.8988
August 0.9195 0.8870 0.9077
September 0.9407 0.9053 0.9167
October 0.9422 0.9068 0.9187
November 0.9192 0.8730 0.8918
December 0.8991 0.8569 0.8757