YEARLY HIGH
0.1203 ISK
YEARLY LOW
0.0942 ISK
YEARLY AVERAGE
0.1062 ISK

2016 IQD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.1203. Conversely, the yearly low was recorded on December 8, dropping to 0.0942.

This high-to-low spread represents a total annual volatility of 0.0261 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1190 to the December average rate of 0.0957, the exchange rate registered a net change of -19.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1203 was down 2.52% compared to the 2015 peak of 0.1234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 602 ISK
2015 Average 566 ISK
Yearly Trough Low 471 ISK
Transaction Impact: A difference of 130.70 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1213
0.0934
JanuMarcMayJulySeptNove

IQD 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 0.1133, compared to 0.0991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.1133
H2 Avg (Jul–Dec) 0.0991

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0066 ISK (High: 0.1120 / Low: 0.1054). On the other end, October was the most stable month, with a tight range of 0.0018 ISK (High: 0.0987 / Low: 0.0969).

May Spread (Volatile) ±0.0066
October Spread (Stable) ±0.0018

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 April and May, when the average rate fell by 0.0042 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1190) against the same month in 2015 (average: 0.1124), the exchange rate shifted by +0.0066 (+5.90%).

2016 Avg (January) 0.1190
2015 Avg (January) 0.1124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1203 0.1177 0.1190
February 0.1190 0.1161 0.1176
March 0.1192 0.1137 0.1163
April 0.1143 0.1108 0.1131
May 0.1120 0.1054 0.1089
June 0.1080 0.1035 0.1052
July 0.1054 0.1024 0.1044
August 0.1031 0.1000 0.1013
September 0.0998 0.0980 0.0986
October 0.0987 0.0969 0.0981
November 0.0983 0.0953 0.0967
December 0.0973 0.0942 0.0957