2016 AZN to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |