YEARLY HIGH
0.0170 ISK
YEARLY LOW
0.0119 ISK
YEARLY AVERAGE
0.0146 ISK

2016 GNF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 0.0170. Conversely, the yearly low was recorded on December 30, dropping to 0.0119.

This high-to-low spread represents a total annual volatility of 0.0051 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0168 to the December average rate of 0.0121, the exchange rate registered a net change of -27.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0170 was down 12.72% compared to the 2015 peak of 0.0195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85 ISK
2015 Average 90 ISK
Yearly Trough Low 60 ISK
Transaction Impact: A difference of 25.54 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0173
0.0117
JanuMarcMayJulySeptNove

GNF 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 0.0165, compared to 0.0127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0165
H2 Avg (Jul–Dec) 0.0127

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0031 ISK (High: 0.0169 / Low: 0.0139). On the other end, October was the most stable month, with a tight range of 0.0003 ISK (High: 0.0127 / Low: 0.0124).

June Spread (Volatile) ±0.0031
October Spread (Stable) ±0.0003

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 June and July, when the average rate fell by 0.0024 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0167) against the same month in 2015 (average: 0.0180), the exchange rate shifted by -0.0013 (-7.38%).

2016 Avg (May) 0.0167
2015 Avg (May) 0.0180

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0169 0.0167 0.0168
February 0.0169 0.0163 0.0166
March 0.0170 0.0163 0.0166
April 0.0165 0.0162 0.0163
May 0.0170 0.0161 0.0167
June 0.0169 0.0139 0.0160
July 0.0139 0.0133 0.0136
August 0.0134 0.0128 0.0131
September 0.0129 0.0125 0.0126
October 0.0127 0.0124 0.0126
November 0.0126 0.0121 0.0123
December 0.0123 0.0119 0.0121