YEARLY HIGH
18.9496 ISK
YEARLY LOW
15.9383 ISK
YEARLY AVERAGE
17.5087 ISK

2016 BOB to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 18.9496. Conversely, the yearly low was recorded on December 6, dropping to 15.9383.

This high-to-low spread represents a total annual volatility of 3.0112 ISK. From a start-to-finish perspective, comparing the January average rate of 18.8118 to the December average rate of 16.2703, the exchange rate registered a net change of -13.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 18.9496 was down 6.45% compared to the 2015 peak of 20.2551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94,748 ISK
2015 Average 95,473 ISK
Yearly Trough Low 79,692 ISK
Transaction Impact: A difference of 15,056.22 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

19.0697
15.9746
JanuMarcMayJulySeptNove

BOB 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 18.2908, compared to 16.7266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5642 points.

H1 Avg (Jan–Jun) 18.2908
H2 Avg (Jul–Dec) 16.7266

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.7730 ISK (High: 18.9193 / Low: 18.1464). On the other end, October was the most stable month, with a tight range of 0.2387 ISK (High: 16.5880 / Low: 16.3493).

March Spread (Volatile) ±0.7730
October Spread (Stable) ±0.2387

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 0.6238 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 18.8118) against the same month in 2015 (average: 19.0156), the exchange rate shifted by -0.2038 (-1.07%).

2016 Avg (January) 18.8118
2015 Avg (January) 19.0156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.9496 18.6938 18.8118
February 18.8427 18.3108 18.5695
March 18.9193 18.1464 18.5134
April 18.1378 17.7424 18.0206
May 18.1863 17.5740 17.9262
June 18.2120 17.5927 17.9036
July 17.8941 17.2938 17.6893
August 17.4166 16.7869 17.0656
September 16.7931 16.4943 16.6002
October 16.5880 16.3493 16.5020
November 16.4008 15.9566 16.2325
December 16.5648 15.9383 16.2703