YEARLY HIGH
1.2956 ISK
YEARLY LOW
1.0674 ISK
YEARLY AVERAGE
1.2128 ISK

2016 CVE to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 1.2956. Conversely, the yearly low was recorded on December 11, dropping to 1.0674.

This high-to-low spread represents a total annual volatility of 0.2282 ISK. From a start-to-finish perspective, comparing the January average rate of 1.2805 to the December average rate of 1.0763, the exchange rate registered a net change of -15.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2956 was down 8.38% compared to the 2015 peak of 1.4140, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,478 ISK
2015 Average 6,641 ISK
Yearly Trough Low 5,337 ISK
Transaction Impact: A difference of 1,141.00 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.3091
1.0551
JanuMarcMayJulySeptNove

CVE 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 1.2741, compared to 1.1516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1225 points.

H1 Avg (Jan–Jun) 1.2741
H2 Avg (Jul–Dec) 1.1516

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0492 ISK (High: 1.1166 / Low: 1.0674). On the other end, January was the most stable month, with a tight range of 0.0142 ISK (High: 1.2859 / Low: 1.2716).

December Spread (Volatile) ±0.0492
January Spread (Stable) ±0.0142

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 0.0430 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0430

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1.2879) against the same month in 2015 (average: 1.3617), the exchange rate shifted by -0.0738 (-5.42%).

2016 Avg (February) 1.2879
2015 Avg (February) 1.3617

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2859 1.2716 1.2805
February 1.2956 1.2744 1.2879
March 1.2829 1.2625 1.2760
April 1.2871 1.2659 1.2738
May 1.2775 1.2620 1.2702
June 1.2664 1.2345 1.2561
July 1.2387 1.2068 1.2246
August 1.2170 1.1787 1.2001
September 1.1754 1.1612 1.1673
October 1.1619 1.1219 1.1422
November 1.1180 1.0772 1.0992
December 1.1166 1.0674 1.0763