YEARLY HIGH
73.0965 ISK
YEARLY LOW
60.1483 ISK
YEARLY AVERAGE
68.3635 ISK

2016 BAM to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BAM to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 73.0965. Conversely, the yearly low was recorded on December 11, dropping to 60.1483.

This high-to-low spread represents a total annual volatility of 12.9482 ISK. From a start-to-finish perspective, comparing the January average rate of 72.2003 to the December average rate of 60.6439, the exchange rate registered a net change of -16.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 73.0965 was down 7.32% compared to the 2015 peak of 78.8678, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 365,482 ISK
2015 Average 374,046 ISK
Yearly Trough Low 300,741 ISK
Transaction Impact: A difference of 64,741.04 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

73.8821
59.4404
JanuMarcMayJulySeptNove

BAM 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 71.8479, compared to 64.8790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.9689 points.

H1 Avg (Jan–Jun) 71.8479
H2 Avg (Jul–Dec) 64.8790

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 2.3941 ISK (High: 63.1768 / Low: 60.7827). On the other end, March was the most stable month, with a tight range of 0.4786 ISK (High: 72.3548 / Low: 71.8762).

November Spread (Volatile) ±2.3941
March Spread (Stable) ±0.4786

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 2.4398 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.4398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 72.6786) against the same month in 2015 (average: 76.6417), the exchange rate shifted by -3.9631 (-5.17%).

2016 Avg (February) 72.6786
2015 Avg (February) 76.6417

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 72.4684 71.7457 72.2003
February 73.0965 71.8663 72.6786
March 72.3548 71.8762 72.0621
April 72.1480 71.6201 71.8437
May 71.7436 71.0753 71.4170
June 71.5270 69.8166 70.8857
July 69.7894 68.0203 68.9847
August 68.5239 66.4636 67.5941
September 66.3339 65.4470 65.7688
October 65.5538 63.3136 64.3613
November 63.1768 60.7827 61.9215
December 61.1399 60.1483 60.6439