YEARLY HIGH
16.8805 ISK
YEARLY LOW
14.2137 ISK
YEARLY AVERAGE
15.5576 ISK

2016 HKD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 16.8805. Conversely, the yearly low was recorded on December 7, dropping to 14.2137.

This high-to-low spread represents a total annual volatility of 2.6669 ISK. From a start-to-finish perspective, comparing the January average rate of 16.7029 to the December average rate of 14.5148, the exchange rate registered a net change of -13.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 16.8805 was down 6.31% compared to the 2015 peak of 18.0171, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 422,014 ISK
2015 Average 425,190 ISK
Yearly Trough Low 355,341 ISK
Transaction Impact: A difference of 66,672.03 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

16.9257
14.2525
JanuMarcMayJulySeptNove

HKD 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 16.2079, compared to 14.9073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3006 points.

H1 Avg (Jan–Jun) 16.2079
H2 Avg (Jul–Dec) 14.9073

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.7374 ISK (High: 16.6952 / Low: 15.9578). On the other end, October was the most stable month, with a tight range of 0.2347 ISK (High: 14.7885 / Low: 14.5538).

March Spread (Volatile) ±0.7374
October Spread (Stable) ±0.2347

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 July and August, when the average rate fell by 0.4976 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4976

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 16.7029) against the same month in 2015 (average: 16.9535), the exchange rate shifted by -0.2506 (-1.48%).

2016 Avg (January) 16.7029
2015 Avg (January) 16.9535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.8805 16.5541 16.7029
February 16.6562 16.2210 16.4458
March 16.6952 15.9578 16.3120
April 16.1234 15.8117 15.9772
May 16.1257 15.6696 15.9234
June 16.1339 15.6565 15.8858
July 15.8546 15.4196 15.7196
August 15.5161 15.0187 15.2220
September 14.9610 14.7177 14.8030
October 14.7885 14.5538 14.7091
November 14.6239 14.2588 14.4753
December 14.8009 14.2137 14.5148