2016 ILS to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ILS to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ILS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 33.3920. Conversely, the yearly low was recorded on December 6, dropping to 28.9265.
This high-to-low spread represents a total annual volatility of 4.4655 ISK. From a start-to-finish perspective, comparing the January average rate of 32.9169 to the December average rate of 29.3868, the exchange rate registered a net change of -10.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 33.3920 was down 6.43% compared to the 2015 peak of 35.6863, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ILS to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 32.6152, compared to 30.2894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3258 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was October, with a trading range of 1.0424 ISK (High: 30.4458 / Low: 29.4034). On the other end, November was the most stable month, with a tight range of 0.3729 ISK (High: 29.3608 / Low: 28.9879).
Growth Streaks & Declines
TrendsNo 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 0.6612 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 32.7567) against the same month in 2015 (average: 34.2204), the exchange rate shifted by -1.4637 (-4.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.3911 | 32.5596 | 32.9169 |
| February | 33.0984 | 32.5283 | 32.7819 |
| March | 33.3920 | 32.3754 | 32.7567 |
| April | 33.1908 | 32.4422 | 32.8555 |
| May | 32.7471 | 32.0586 | 32.4253 |
| June | 32.2871 | 31.6231 | 31.9548 |
| July | 31.8755 | 31.3528 | 31.6307 |
| August | 31.4490 | 30.8202 | 31.0998 |
| September | 30.8046 | 30.3202 | 30.5016 |
| October | 30.4458 | 29.4034 | 29.8894 |
| November | 29.3608 | 28.9879 | 29.2282 |
| December | 29.7839 | 28.9265 | 29.3868 |