YEARLY HIGH
347.2565 ISK
YEARLY LOW
292.5673 ISK
YEARLY AVERAGE
320.3308 ISK

2016 BHD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BHD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 347.2565. Conversely, the yearly low was recorded on December 7, dropping to 292.5673.

This high-to-low spread represents a total annual volatility of 54.6891 ISK. From a start-to-finish perspective, comparing the January average rate of 344.7956 to the December average rate of 298.8187, the exchange rate registered a net change of -13.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 347.2565 was down 6.47% compared to the 2015 peak of 371.2805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,736,282 ISK
2015 Average 1,748,188 ISK
Yearly Trough Low 1,462,837 ISK
Transaction Impact: A difference of 273,445.58 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

349.4949
293.1029
JanuMarcMayJulySeptNove

BHD 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 333.9726, compared to 306.6890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.2836 points.

H1 Avg (Jan–Jun) 333.9726
H2 Avg (Jul–Dec) 306.6890

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 15.8348 ISK (High: 344.2093 / Low: 328.3745). On the other end, January was the most stable month, with a tight range of 4.3018 ISK (High: 347.2565 / Low: 342.9547).

March Spread (Volatile) ±15.8348
January Spread (Stable) ±4.3018

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 10.1153 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -10.1153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 344.7956) against the same month in 2015 (average: 348.5575), the exchange rate shifted by -3.7620 (-1.08%).

2016 Avg (January) 344.7956
2015 Avg (January) 348.5575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 347.2565 342.9547 344.7956
February 343.4782 335.2151 339.5118
March 344.2093 328.3745 335.7952
April 331.8512 325.3444 328.7318
May 332.1602 322.7301 327.9454
June 332.0006 322.1069 327.0561
July 326.0210 317.1945 323.2005
August 319.1043 308.8477 313.0852
September 307.8551 302.7795 304.5783
October 304.4391 299.3168 302.6490
November 300.8948 293.3971 297.8022
December 304.6447 292.5673 298.8187