YEARLY HIGH
65.5725 ISK
YEARLY LOW
55.0613 ISK
YEARLY AVERAGE
60.4176 ISK

2016 BZD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BZD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 65.5725. Conversely, the yearly low was recorded on December 6, dropping to 55.0613.

This high-to-low spread represents a total annual volatility of 10.5112 ISK. From a start-to-finish perspective, comparing the January average rate of 65.1275 to the December average rate of 56.1578, the exchange rate registered a net change of -13.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 65.5725 was down 6.33% compared to the 2015 peak of 70.0042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 327,863 ISK
2015 Average 329,634 ISK
Yearly Trough Low 275,307 ISK
Transaction Impact: A difference of 52,555.98 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

66.0283
55.2186
JanuMarcMayJulySeptNove

BZD 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 63.0345, compared to 57.8007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2338 points.

H1 Avg (Jan–Jun) 63.0345
H2 Avg (Jul–Dec) 57.8007

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 3.0062 ISK (High: 65.0449 / Low: 62.0387). On the other end, October was the most stable month, with a tight range of 0.8173 ISK (High: 57.3858 / Low: 56.5685).

March Spread (Volatile) ±3.0062
October Spread (Stable) ±0.8173

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 1.8941 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.8941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 65.1275) against the same month in 2015 (average: 65.7532), the exchange rate shifted by -0.6257 (-0.95%).

2016 Avg (January) 65.1275
2015 Avg (January) 65.7532

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 65.5725 64.7416 65.1275
February 64.9034 63.3900 64.1642
March 65.0449 62.0387 63.4508
April 62.7015 61.2719 62.1030
May 62.5389 60.9024 61.8028
June 62.7186 60.3006 61.5586
July 61.5253 59.6583 60.9646
August 60.3037 58.1019 59.0705
September 58.1075 57.0788 57.4192
October 57.3858 56.5685 57.0725
November 56.6581 55.1249 56.1194
December 57.1073 55.0613 56.1578