YEARLY HIGH
0.0070 ISK
YEARLY LOW
0.0055 ISK
YEARLY AVERAGE
0.0060 ISK

2016 BYR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BYR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0070. Conversely, the yearly low was recorded on December 7, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0015 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0066 to the December average rate of 0.0056, the exchange rate registered a net change of -14.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0070 was down 40.94% compared to the 2015 peak of 0.0118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35 ISK
2015 Average 42 ISK
Yearly Trough Low 28 ISK
Transaction Impact: A difference of 7.33 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0067
0.0055
JanuMarcMayJulySeptNove

BYR 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 0.0062, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0062
H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0009 ISK (High: 0.0070 / Low: 0.0061). On the other end, October was the most stable month, with a tight range of 0.0001 ISK (High: 0.0057 / Low: 0.0056).

January Spread (Volatile) ±0.0009
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0066) against the same month in 2015 (average: 0.0095), the exchange rate shifted by -0.0029 (-30.79%).

2016 Avg (January) 0.0066
2015 Avg (January) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0070 0.0061 0.0066
February 0.0061 0.0057 0.0059
March 0.0062 0.0060 0.0061
April 0.0064 0.0061 0.0062
May 0.0064 0.0063 0.0063
June 0.0063 0.0061 0.0062
July 0.0061 0.0060 0.0061
August 0.0060 0.0058 0.0059
September 0.0058 0.0057 0.0057
October 0.0057 0.0056 0.0057
November 0.0057 0.0055 0.0056
December 0.0057 0.0055 0.0056