YEARLY HIGH
0.2444 ISK
YEARLY LOW
0.1997 ISK
YEARLY AVERAGE
0.2224 ISK

2016 CRC to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CRC to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.2444. Conversely, the yearly low was recorded on November 9, dropping to 0.1997.

This high-to-low spread represents a total annual volatility of 0.0447 ISK. From a start-to-finish perspective, comparing the January average rate of 0.2424 to the December average rate of 0.2045, the exchange rate registered a net change of -15.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2444 was down 6.18% compared to the 2015 peak of 0.2605, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,222 ISK
2015 Average 1,233 ISK
Yearly Trough Low 998 ISK
Transaction Impact: A difference of 223.51 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2464
0.1994
JanuMarcMayJulySeptNove

CRC 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 0.2345, compared to 0.2102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0243 points.

H1 Avg (Jan–Jun) 0.2345
H2 Avg (Jul–Dec) 0.2102

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0107 ISK (High: 0.2423 / Low: 0.2316). On the other end, October was the most stable month, with a tight range of 0.0025 ISK (High: 0.2077 / Low: 0.2052).

March Spread (Volatile) ±0.0107
October Spread (Stable) ±0.0025

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 0.0081 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2424) against the same month in 2015 (average: 0.2440), the exchange rate shifted by -0.0016 (-0.64%).

2016 Avg (January) 0.2424
2015 Avg (January) 0.2440

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2444 0.2403 0.2424
February 0.2419 0.2355 0.2387
March 0.2423 0.2316 0.2368
April 0.2338 0.2286 0.2315
May 0.2338 0.2265 0.2305
June 0.2316 0.2226 0.2273
July 0.2248 0.2187 0.2231
August 0.2198 0.2112 0.2150
September 0.2110 0.2070 0.2085
October 0.2077 0.2052 0.2068
November 0.2054 0.1997 0.2033
December 0.2083 0.2005 0.2045