YEARLY HIGH
1.9632 ISK
YEARLY LOW
1.6217 ISK
YEARLY AVERAGE
1.7978 ISK

2016 INR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the INR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.9632. Conversely, the yearly low was recorded on December 5, dropping to 1.6217.

This high-to-low spread represents a total annual volatility of 0.3415 ISK. From a start-to-finish perspective, comparing the January average rate of 1.9316 to the December average rate of 1.6607, the exchange rate registered a net change of -14.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9632 was down 11.67% compared to the 2015 peak of 2.2225, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 490,793 ISK
2015 Average 514,490 ISK
Yearly Trough Low 405,418 ISK
Transaction Impact: A difference of 85,374.40 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.9588
1.6320
JanuMarcMayJulySeptNove

INR 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 1.8739, compared to 1.7216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1524 points.

H1 Avg (Jan–Jun) 1.8739
H2 Avg (Jul–Dec) 1.7216

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0650 ISK (High: 1.8009 / Low: 1.7360). On the other end, October was the most stable month, with a tight range of 0.0250 ISK (High: 1.7167 / Low: 1.6916).

August Spread (Volatile) ±0.0650
October Spread (Stable) ±0.0250

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 January and February, when the average rate fell by 0.0563 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0563

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.9316) against the same month in 2015 (average: 2.1146), the exchange rate shifted by -0.1830 (-8.66%).

2016 Avg (January) 1.9316
2015 Avg (January) 2.1146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9632 1.9030 1.9316
February 1.9064 1.8508 1.8753
March 1.9246 1.8682 1.8919
April 1.8793 1.8472 1.8646
May 1.8677 1.8283 1.8469
June 1.8520 1.8029 1.8335
July 1.8307 1.7896 1.8159
August 1.8009 1.7360 1.7637
September 1.7400 1.7103 1.7200
October 1.7167 1.6916 1.7101
November 1.6792 1.6365 1.6592
December 1.6832 1.6217 1.6607