YEARLY HIGH
1.6696 ISK
YEARLY LOW
1.3860 ISK
YEARLY AVERAGE
1.5377 ISK

2016 BDT to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BDT to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.6696. Conversely, the yearly low was recorded on December 8, dropping to 1.3860.

This high-to-low spread represents a total annual volatility of 0.2836 ISK. From a start-to-finish perspective, comparing the January average rate of 1.6558 to the December average rate of 1.4199, the exchange rate registered a net change of -14.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.6696 was down 7.02% compared to the 2015 peak of 1.7957, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,348 ISK
2015 Average 8,465 ISK
Yearly Trough Low 6,930 ISK
Transaction Impact: A difference of 1,418.05 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6793
1.3963
JanuMarcMayJulySeptNove

BDT 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 1.6047, compared to 1.4707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1340 points.

H1 Avg (Jan–Jun) 1.6047
H2 Avg (Jul–Dec) 1.4707

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0770 ISK (High: 1.6555 / Low: 1.5785). On the other end, October was the most stable month, with a tight range of 0.0236 ISK (High: 1.4635 / Low: 1.4399).

March Spread (Volatile) ±0.0770
October Spread (Stable) ±0.0236

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 July and August, when the average rate fell by 0.0494 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0494

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.6558) against the same month in 2015 (average: 1.6876), the exchange rate shifted by -0.0319 (-1.89%).

2016 Avg (January) 1.6558
2015 Avg (January) 1.6876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6696 1.6455 1.6558
February 1.6511 1.6060 1.6294
March 1.6555 1.5785 1.6162
April 1.5963 1.5644 1.5812
May 1.5941 1.5521 1.5747
June 1.6022 1.5475 1.5708
July 1.5698 1.5252 1.5552
August 1.5352 1.4811 1.5058
September 1.4824 1.4536 1.4642
October 1.4635 1.4399 1.4553
November 1.4378 1.3997 1.4236
December 1.4604 1.3860 1.4199