YEARLY HIGH
0.1890 ISK
YEARLY LOW
0.1656 ISK
YEARLY AVERAGE
0.1785 ISK

2016 CLP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CLP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.1890. Conversely, the yearly low was recorded on December 5, dropping to 0.1656.

This high-to-low spread represents a total annual volatility of 0.0234 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1802 to the December average rate of 0.1688, the exchange rate registered a net change of -6.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1890 was down 15.77% compared to the 2015 peak of 0.2244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 189,042 ISK
2015 Average 202,307 ISK
Yearly Trough Low 165,641 ISK
Transaction Impact: A difference of 23,401.30 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1880
0.1665
JanuMarcMayJulySeptNove

CLP 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 0.1827, compared to 0.1742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.1827
H2 Avg (Jul–Dec) 0.1742

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0112 ISK (High: 0.1836 / Low: 0.1724). On the other end, September was the most stable month, with a tight range of 0.0035 ISK (High: 0.1735 / Low: 0.1700).

August Spread (Volatile) ±0.0112
September Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0073 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.1862) against the same month in 2015 (average: 0.2177), the exchange rate shifted by -0.0315 (-14.46%).

2016 Avg (March) 0.1862
2015 Avg (March) 0.2177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1833 0.1765 0.1802
February 0.1868 0.1773 0.1822
March 0.1890 0.1839 0.1862
April 0.1882 0.1808 0.1850
May 0.1856 0.1791 0.1813
June 0.1864 0.1788 0.1812
July 0.1878 0.1813 0.1855
August 0.1836 0.1724 0.1790
September 0.1735 0.1700 0.1717
October 0.1748 0.1703 0.1720
November 0.1720 0.1661 0.1683
December 0.1721 0.1656 0.1688