YEARLY HIGH
0.7372 ISK
YEARLY LOW
0.6190 ISK
YEARLY AVERAGE
0.6797 ISK

2016 DJF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DJF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.7372. Conversely, the yearly low was recorded on December 5, dropping to 0.6190.

This high-to-low spread represents a total annual volatility of 0.1183 ISK. From a start-to-finish perspective, comparing the January average rate of 0.7314 to the December average rate of 0.6310, the exchange rate registered a net change of -13.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7372 was down 6.22% compared to the 2015 peak of 0.7861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,686 ISK
2015 Average 3,712 ISK
Yearly Trough Low 3,095 ISK
Transaction Impact: A difference of 591.34 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7415
0.6207
JanuMarcMayJulySeptNove

DJF 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 0.7086, compared to 0.6507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0579 points.

H1 Avg (Jan–Jun) 0.7086
H2 Avg (Jul–Dec) 0.6507

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0343 ISK (High: 0.7304 / Low: 0.6961). On the other end, October was the most stable month, with a tight range of 0.0098 ISK (High: 0.6448 / Low: 0.6349).

March Spread (Volatile) ±0.0343
October Spread (Stable) ±0.0098

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 0.0221 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.7314) against the same month in 2015 (average: 0.7389), the exchange rate shifted by -0.0075 (-1.02%).

2016 Avg (January) 0.7314
2015 Avg (January) 0.7389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7372 0.7273 0.7314
February 0.7292 0.7115 0.7205
March 0.7304 0.6961 0.7125
April 0.7042 0.6901 0.6975
May 0.7043 0.6843 0.6961
June 0.7045 0.6841 0.6938
July 0.6937 0.6749 0.6877
August 0.6788 0.6563 0.6656
September 0.6538 0.6425 0.6471
October 0.6448 0.6349 0.6423
November 0.6383 0.6211 0.6307
December 0.6455 0.6190 0.6310