YEARLY HIGH
0.4624 ISK
YEARLY LOW
0.3738 ISK
YEARLY AVERAGE
0.4294 ISK

2016 HUF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HUF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.4624. Conversely, the yearly low was recorded on December 11, dropping to 0.3738.

This high-to-low spread represents a total annual volatility of 0.0886 ISK. From a start-to-finish perspective, comparing the January average rate of 0.4492 to the December average rate of 0.3803, the exchange rate registered a net change of -15.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4624 was down 6.85% compared to the 2015 peak of 0.4964, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 462,407 ISK
2015 Average 472,308 ISK
Yearly Trough Low 373,789 ISK
Transaction Impact: A difference of 88,618.21 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4661
0.3725
JanuMarcMayJulySeptNove

HUF 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 0.4496, compared to 0.4093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0403 points.

H1 Avg (Jan–Jun) 0.4496
H2 Avg (Jul–Dec) 0.4093

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0215 ISK (High: 0.4021 / Low: 0.3805). On the other end, September was the most stable month, with a tight range of 0.0050 ISK (High: 0.4201 / Low: 0.4151).

November Spread (Volatile) ±0.0215
September Spread (Stable) ±0.0050

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 October and November, when the average rate fell by 0.0178 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.4583) against the same month in 2015 (average: 0.4890), the exchange rate shifted by -0.0307 (-6.28%).

2016 Avg (February) 0.4583
2015 Avg (February) 0.4890

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4540 0.4452 0.4492
February 0.4624 0.4528 0.4583
March 0.4586 0.4475 0.4531
April 0.4537 0.4478 0.4509
May 0.4507 0.4403 0.4441
June 0.4485 0.4325 0.4418
July 0.4328 0.4261 0.4293
August 0.4311 0.4202 0.4266
September 0.4201 0.4151 0.4171
October 0.4193 0.4010 0.4101
November 0.4021 0.3805 0.3924
December 0.3868 0.3738 0.3803