YEARLY HIGH
61.3357 ISK
YEARLY LOW
52.7785 ISK
YEARLY AVERAGE
57.8828 ISK

2016 FJD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FJD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 61.3357. Conversely, the yearly low was recorded on December 7, dropping to 52.7785.

This high-to-low spread represents a total annual volatility of 8.5572 ISK. From a start-to-finish perspective, comparing the January average rate of 60.3399 to the December average rate of 53.5398, the exchange rate registered a net change of -11.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 61.3357 was down 9.72% compared to the 2015 peak of 67.9422, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 306,679 ISK
2015 Average 315,779 ISK
Yearly Trough Low 263,893 ISK
Transaction Impact: A difference of 42,785.96 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

61.1279
52.8500
JanuMarcMayJulySeptNove

FJD 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 59.7954, compared to 55.9701 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.8253 points.

H1 Avg (Jan–Jun) 59.7954
H2 Avg (Jul–Dec) 55.9701

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 2.2773 ISK (High: 60.5649 / Low: 58.2877). On the other end, November was the most stable month, with a tight range of 0.7932 ISK (High: 54.5094 / Low: 53.7162).

June Spread (Volatile) ±2.2773
November Spread (Stable) ±0.7932

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 August and September, when the average rate fell by 1.5536 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.5536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 60.4381) against the same month in 2015 (average: 66.6874), the exchange rate shifted by -6.2493 (-9.37%).

2016 Avg (March) 60.4381
2015 Avg (March) 66.6874

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 61.0951 59.4968 60.3399
February 61.0060 58.9484 59.9646
March 61.3357 59.8774 60.4381
April 60.7331 59.2958 59.9250
May 59.3173 58.3187 58.8272
June 60.5649 58.2877 59.2778
July 59.9002 57.8739 59.1117
August 58.4906 56.7098 57.5748
September 56.5193 55.5110 56.0212
October 55.8904 54.6209 55.4386
November 54.5094 53.7162 54.1345
December 54.3638 52.7785 53.5398