YEARLY HIGH
3.3202 ISK
YEARLY LOW
2.5645 ISK
YEARLY AVERAGE
2.8828 ISK

2016 GMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 3.3202. Conversely, the yearly low was recorded on December 5, dropping to 2.5645.

This high-to-low spread represents a total annual volatility of 0.7557 ISK. From a start-to-finish perspective, comparing the January average rate of 3.2897 to the December average rate of 2.6305, the exchange rate registered a net change of -20.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.3202 was down 3.04% compared to the 2015 peak of 3.4242, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,601 ISK
2015 Average 16,024 ISK
Yearly Trough Low 12,823 ISK
Transaction Impact: A difference of 3,778.45 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.3558
2.5631
JanuMarcMayJulySeptNove

GMD 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 3.0567, compared to 2.7088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3479 points.

H1 Avg (Jan–Jun) 3.0567
H2 Avg (Jul–Dec) 2.7088

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.4137 ISK (High: 3.3091 / Low: 2.8954). On the other end, September was the most stable month, with a tight range of 0.0494 ISK (High: 2.7243 / Low: 2.6749).

March Spread (Volatile) ±0.4137
September Spread (Stable) ±0.0494

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 March and April, when the average rate fell by 0.2163 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 3.2897) against the same month in 2015 (average: 3.0606), the exchange rate shifted by +0.2291 (+7.48%).

2016 Avg (January) 3.2897
2015 Avg (January) 3.0606

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3202 3.2689 3.2897
February 3.2930 3.1999 3.2432
March 3.3091 2.8954 3.1213
April 2.9301 2.8747 2.9049
May 2.9365 2.8461 2.8918
June 2.9261 2.8337 2.8893
July 2.8895 2.8078 2.8566
August 2.8277 2.7276 2.7676
September 2.7243 2.6749 2.6948
October 2.6912 2.6412 2.6742
November 2.6646 2.5933 2.6291
December 2.6890 2.5645 2.6305