YEARLY HIGH
20.0228 ISK
YEARLY LOW
15.9355 ISK
YEARLY AVERAGE
18.2043 ISK

2016 CNY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CNY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 20.0228. Conversely, the yearly low was recorded on December 7, dropping to 15.9355.

This high-to-low spread represents a total annual volatility of 4.0872 ISK. From a start-to-finish perspective, comparing the January average rate of 19.7948 to the December average rate of 16.2618, the exchange rate registered a net change of -17.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 20.0228 was down 10.73% compared to the 2015 peak of 22.4297, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 500,569 ISK
2015 Average 525,762 ISK
Yearly Trough Low 398,389 ISK
Transaction Impact: A difference of 102,180.78 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

20.1481
15.9085
JanuMarcMayJulySeptNove

CNY 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 19.2653, compared to 17.1433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1220 points.

H1 Avg (Jan–Jun) 19.2653
H2 Avg (Jul–Dec) 17.1433

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.6772 ISK (High: 18.1203 / Low: 17.4431). On the other end, November was the most stable month, with a tight range of 0.2788 ISK (High: 16.5526 / Low: 16.2738).

August Spread (Volatile) ±0.6772
November Spread (Stable) ±0.2788

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 October and November, when the average rate fell by 0.5547 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.5547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 19.7948) against the same month in 2015 (average: 21.1933), the exchange rate shifted by -1.3985 (-6.60%).

2016 Avg (January) 19.7948
2015 Avg (January) 21.1933

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.0228 19.6375 19.7948
February 19.8220 19.2298 19.5477
March 19.8198 19.1793 19.4638
April 19.2567 18.9417 19.1303
May 19.0840 18.7466 18.9342
June 18.9874 18.4565 18.7207
July 18.4411 18.0107 18.2655
August 18.1203 17.4431 17.7546
September 17.3903 17.1037 17.2062
October 17.1466 16.6545 16.9633
November 16.5526 16.2738 16.4086
December 16.4993 15.9355 16.2618