YEARLY HIGH
98.7114 ISK
YEARLY LOW
82.5147 ISK
YEARLY AVERAGE
91.1679 ISK

2016 CAD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CAD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 98.7114. Conversely, the yearly low was recorded on November 5, dropping to 82.5147.

This high-to-low spread represents a total annual volatility of 16.1968 ISK. From a start-to-finish perspective, comparing the January average rate of 91.6174 to the December average rate of 84.3442, the exchange rate registered a net change of -7.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 98.7114 was down 11.62% compared to the 2015 peak of 111.6846, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 493,557 ISK
2015 Average 516,591 ISK
Yearly Trough Low 412,573 ISK
Transaction Impact: A difference of 80,983.83 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

97.9128
82.1263
JanuMarcMayJulySeptNove

CAD 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 94.6642, compared to 87.6717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.9926 points.

H1 Avg (Jan–Jun) 94.6642
H2 Avg (Jul–Dec) 87.6717

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 5.0131 ISK (High: 93.7986 / Low: 88.7855). On the other end, June was the most stable month, with a tight range of 1.5893 ISK (High: 96.5851 / Low: 94.9958).

January Spread (Volatile) ±5.0131
June Spread (Stable) ±1.5893

Growth Streaks & Declines

Trends

Between 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 3.1133 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.1133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 96.5973) against the same month in 2015 (average: 110.1463), the exchange rate shifted by -13.5490 (-12.30%).

2016 Avg (April) 96.5973
2015 Avg (April) 110.1463

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 93.7986 88.7855 91.6174
February 95.7464 90.8016 92.8392
March 96.7322 94.8684 95.7659
April 98.7114 94.1270 96.5973
May 97.5196 94.6984 95.5220
June 96.5851 94.9958 95.6437
July 95.1874 91.4309 93.5868
August 92.2623 88.9622 90.8214
September 89.7406 86.3826 87.7081
October 87.0942 84.1511 86.1276
November 84.3063 82.5147 83.4418
December 85.6481 83.0948 84.3442