YEARLY HIGH
1.9100 ISK
YEARLY LOW
1.6549 ISK
YEARLY AVERAGE
1.7808 ISK

2016 AFN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 1.9100. Conversely, the yearly low was recorded on December 7, dropping to 1.6549.

This high-to-low spread represents a total annual volatility of 0.2552 ISK. From a start-to-finish perspective, comparing the January average rate of 1.8946 to the December average rate of 1.6949, the exchange rate registered a net change of -10.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9100 was down 21.22% compared to the 2015 peak of 2.4247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,550 ISK
2015 Average 10,808 ISK
Yearly Trough Low 8,274 ISK
Transaction Impact: A difference of 1,275.79 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.9148
1.6723
JanuMarcMayJulySeptNove

AFN to ISK 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 1.8330, compared to 1.7286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1044 points.

H1 Avg (Jan–Jun) 1.8330
H2 Avg (Jul–Dec) 1.7286

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.1057 ISK (High: 1.8353 / Low: 1.7296). On the other end, January was the most stable month, with a tight range of 0.0261 ISK (High: 1.9100 / Low: 1.8839).

August Spread (Volatile) ±0.1057
January Spread (Stable) ±0.0261

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0398 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.8946) against the same month in 2015 (average: 2.2777), the exchange rate shifted by -0.3832 (-16.82%).

2016 Avg (January) 1.8946
2015 Avg (January) 2.2777

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9100 1.8839 1.8946
February 1.8871 1.8352 1.8588
March 1.8901 1.8028 1.8485
April 1.8299 1.7925 1.8106
May 1.8189 1.7791 1.8013
June 1.8182 1.7606 1.7844
July 1.7928 1.7386 1.7752
August 1.8353 1.7296 1.7547
September 1.7402 1.7101 1.7222
October 1.7437 1.7118 1.7324
November 1.7075 1.6779 1.6925
December 1.7288 1.6549 1.6949