2016 BWP to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BWP to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BWP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 24, valuing the pair at 11.6772. Conversely, the yearly low was recorded on November 20, dropping to 10.3504.
This high-to-low spread represents a total annual volatility of 1.3268 ISK. From a start-to-finish perspective, comparing the January average rate of 11.2828 to the December average rate of 10.4855, the exchange rate registered a net change of -7.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 11.6772 was down 17.33% compared to the 2015 peak of 14.1258, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BWP 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 11.3222, compared to 10.8437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4785 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 0.6974 ISK (High: 11.5018 / Low: 10.8044). On the other end, July was the most stable month, with a tight range of 0.1441 ISK (High: 11.3735 / Low: 11.2294).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4527 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 11.4749) against the same month in 2015 (average: 13.7600), the exchange rate shifted by -2.2851 (-16.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.5576 | 11.0874 | 11.2828 |
| February | 11.6544 | 11.1612 | 11.3509 |
| March | 11.5070 | 11.0656 | 11.3570 |
| April | 11.6772 | 11.2333 | 11.4749 |
| May | 11.5544 | 11.0726 | 11.2417 |
| June | 11.3778 | 11.0509 | 11.2259 |
| July | 11.3735 | 11.2294 | 11.3093 |
| August | 11.5018 | 10.8044 | 11.2530 |
| September | 10.9663 | 10.5525 | 10.8003 |
| October | 10.9204 | 10.6049 | 10.7302 |
| November | 10.7113 | 10.3504 | 10.4839 |
| December | 10.6533 | 10.3632 | 10.4855 |