2016 EUR to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 EUR to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the EUR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 143.0775. Conversely, the yearly low was recorded on December 11, dropping to 117.5898.
This high-to-low spread represents a total annual volatility of 25.4878 ISK. From a start-to-finish perspective, comparing the January average rate of 141.1995 to the December average rate of 118.6248, the exchange rate registered a net change of -15.99% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 143.0775 was down 7.16% compared to the 2015 peak of 154.1129, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
EUR to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 140.5344, compared to 126.9295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.6049 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 5.0106 ISK (High: 123.8881 / Low: 118.8775). On the other end, April was the most stable month, with a tight range of 1.0497 ISK (High: 141.1543 / Low: 140.1046).
Growth Streaks & Declines
TrendsNo 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 4.8065 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 142.1577) against the same month in 2015 (average: 149.8666), the exchange rate shifted by -7.7089 (-5.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 141.9780 | 140.2156 | 141.1995 |
| February | 143.0775 | 140.6047 | 142.1577 |
| March | 141.7463 | 140.4807 | 141.0307 |
| April | 141.1543 | 140.1046 | 140.5281 |
| May | 140.4335 | 139.0573 | 139.6193 |
| June | 140.0365 | 136.6410 | 138.6714 |
| July | 136.6720 | 133.3768 | 134.9669 |
| August | 133.9168 | 130.0368 | 132.2551 |
| September | 129.9359 | 128.0644 | 128.7139 |
| October | 128.2539 | 123.8359 | 125.9113 |
| November | 123.8881 | 118.8775 | 121.1049 |
| December | 120.2308 | 117.5898 | 118.6248 |