YEARLY HIGH
33.3920 ISK
YEARLY LOW
28.9265 ISK
YEARLY AVERAGE
31.4523 ISK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 166,960 ISK
2015 Average 169,683 ISK
Yearly Trough Low 144,632 ISK
Transaction Impact: A difference of 22,327.36 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

33.2858
28.8593
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 32.6152
H2 Avg (Jul–Dec) 30.2894

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±1.0424
November Spread (Stable) ±0.3729

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 0.6612 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6612

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (March) 32.7567
2015 Avg (March) 34.2204

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