YEARLY HIGH
10.5333 CDF
YEARLY LOW
7.0845 CDF
YEARLY AVERAGE
8.0531 CDF

2016 ISK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 10.5333. Conversely, the yearly low was recorded on January 24, dropping to 7.0845.

This high-to-low spread represents a total annual volatility of 3.4488 CDF. From a start-to-finish perspective, comparing the January average rate of 7.1324 to the December average rate of 10.3442, the exchange rate registered a net change of 45.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 10.5333 was up 41.00% compared to the 2015 peak of 7.4704, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,666 CDF
2015 Average 35,145 CDF
Yearly Trough Low 35,423 CDF
Transaction Impact: A difference of 17,243.82 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

10.6654
6.8113
JanuMarcMayJulySeptNove

ISK to CDF 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 7.3870, compared to 8.7192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3322 points.

H1 Avg (Jan–Jun) 7.3870
H2 Avg (Jul–Dec) 8.7192

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 2.0499 CDF (High: 10.1529 / Low: 8.1030). On the other end, January was the most stable month, with a tight range of 0.0890 CDF (High: 7.1735 / Low: 7.0845).

November Spread (Volatile) ±2.0499
January Spread (Stable) ±0.0890

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 10.3442) against the same month in 2015 (average: 7.1502), the exchange rate shifted by +3.1940 (+44.67%).

2016 Avg (December) 10.3442
2015 Avg (December) 7.1502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.1735 7.0845 7.1324
February 7.3493 7.1636 7.2527
March 7.4876 7.1162 7.3236
April 7.5690 7.4112 7.4889
May 7.6382 7.4110 7.5053
June 7.9067 7.3829 7.6189
July 8.1657 7.6845 7.8056
August 8.4220 8.0717 8.2747
September 8.5865 8.4313 8.5031
October 8.5855 8.4206 8.5128
November 10.1529 8.1030 8.8749
December 10.5333 10.1485 10.3442