2016 BRL to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BRL to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BRL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 38.1559. Conversely, the yearly low was recorded on January 21, dropping to 31.3366.
This high-to-low spread represents a total annual volatility of 6.8193 ISK. From a start-to-finish perspective, comparing the January average rate of 32.1474 to the December average rate of 33.5760, the exchange rate registered a net change of 4.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 38.1559 was down 27.11% compared to the 2015 peak of 52.3466, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BRL 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 34.0898, compared to 35.3573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2675 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 3.6448 ISK (High: 38.1559 / Low: 34.5111). On the other end, May was the most stable month, with a tight range of 1.2720 ISK (High: 35.6369 / Low: 34.3649).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.2133 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 36.0046) against the same month in 2015 (average: 42.4249), the exchange rate shifted by -6.4203 (-15.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.7786 | 31.3366 | 32.1474 |
| February | 32.8376 | 31.4094 | 32.2446 |
| March | 35.2418 | 32.8828 | 34.3009 |
| April | 35.6931 | 33.6254 | 34.8976 |
| May | 35.6369 | 34.3649 | 34.9435 |
| June | 38.1559 | 34.5111 | 36.0046 |
| July | 37.9330 | 36.6072 | 37.2412 |
| August | 37.9906 | 35.7187 | 36.8015 |
| September | 35.9672 | 34.4463 | 35.2873 |
| October | 36.7100 | 34.9937 | 35.7256 |
| November | 34.9432 | 32.7230 | 33.5123 |
| December | 34.9693 | 31.7633 | 33.5760 |