YEARLY HIGH
0.9453 GTQ
YEARLY LOW
0.8417 GTQ
YEARLY AVERAGE
0.8899 GTQ

2017 NOK to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.9453. Conversely, the yearly low was recorded on May 4, dropping to 0.8417.

This high-to-low spread represents a total annual volatility of 0.1036 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.8882 to the December average rate of 0.8846, the exchange rate registered a net change of -0.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9453 was down 1.93% compared to the 2016 peak of 0.9639, 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 4,727 GTQ
2016 Average 4,529 GTQ
Yearly Trough Low 4,209 GTQ
Transaction Impact: A difference of 517.79 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9407
0.8468
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 0.8714, compared to 0.9084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0371 points.

H1 Avg (Jan–Jun) 0.8714
H2 Avg (Jul–Dec) 0.9084

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0512 GTQ (High: 0.9239 / Low: 0.8727). On the other end, April was the most stable month, with a tight range of 0.0179 GTQ (High: 0.8614 / Low: 0.8435).

July Spread (Volatile) ±0.0512
April Spread (Stable) ±0.0179

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0253 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.9329) against the same month in 2016 (average: 0.9167), the exchange rate shifted by +0.0162 (+1.77%).

2017 Avg (September) 0.9329
2016 Avg (September) 0.9167

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9029 0.8698 0.8882
February 0.9107 0.8774 0.8901
March 0.8752 0.8525 0.8648
April 0.8614 0.8435 0.8547
May 0.8798 0.8417 0.8628
June 0.8773 0.8593 0.8676
July 0.9239 0.8727 0.8956
August 0.9447 0.9093 0.9215
September 0.9453 0.9210 0.9329
October 0.9316 0.8988 0.9191
November 0.9046 0.8792 0.8969
December 0.8945 0.8717 0.8846