YEARLY HIGH
84.2960 ISK
YEARLY LOW
62.6802 ISK
YEARLY AVERAGE
75.5785 ISK

2016 AZN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AZN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 84.2960. Conversely, the yearly low was recorded on December 30, dropping to 62.6802.

This high-to-low spread represents a total annual volatility of 21.6158 ISK. From a start-to-finish perspective, comparing the January average rate of 82.0443 to the December average rate of 63.5481, the exchange rate registered a net change of -22.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 84.2960 was down 51.13% compared to the 2015 peak of 172.4856, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 421,480 ISK
2015 Average 654,833 ISK
Yearly Trough Low 313,401 ISK
Transaction Impact: A difference of 108,079.18 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

84.2853
61.6629
JanuMarcMayJulySeptNove

AZN 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 81.1114, compared to 70.0456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.0657 points.

H1 Avg (Jan–Jun) 81.1114
H2 Avg (Jul–Dec) 70.0456

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 7.1051 ISK (High: 83.2019 / Low: 76.0968). On the other end, September was the most stable month, with a tight range of 1.3304 ISK (High: 70.5117 / Low: 69.1813).

March Spread (Volatile) ±7.1051
September Spread (Stable) ±1.3304

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 July and August, when the average rate fell by 5.1560 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.1560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 82.4001) against the same month in 2015 (average: 126.1624), the exchange rate shifted by -43.7623 (-34.69%).

2016 Avg (May) 82.4001
2015 Avg (May) 126.1624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 83.6115 79.7736 82.0443
February 82.7712 79.3484 80.9650
March 83.2019 76.0968 78.4267
April 83.2962 80.8308 81.7095
May 84.2960 80.7489 82.4001
June 83.5808 78.8720 81.1225
July 79.3342 74.9254 77.8455
August 75.0498 70.4161 72.6895
September 70.5117 69.1813 69.8467
October 71.5045 68.4719 70.5273
November 67.8262 64.3487 65.8166
December 64.5832 62.6802 63.5481