YEARLY HIGH
0.0044 ISK
YEARLY LOW
0.0037 ISK
YEARLY AVERAGE
0.0040 ISK

2016 IRR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IRR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0044. Conversely, the yearly low was recorded on December 7, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0007 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0037, the exchange rate registered a net change of -13.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0044 was down 13.11% compared to the 2015 peak of 0.0050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 ISK
2015 Average 23 ISK
Yearly Trough Low 18 ISK
Transaction Impact: A difference of 3.51 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0044
0.0037
JanuMarcMayJulySeptNove

IRR 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 0.0042, compared to 0.0038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0002 ISK (High: 0.0043 / Low: 0.0041). On the other end, January was the most stable month, with a tight range of 0.0001 ISK (High: 0.0044 / Low: 0.0043).

March Spread (Volatile) ±0.0002
January Spread (Stable) ±0.0001

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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0043) against the same month in 2015 (average: 0.0048), the exchange rate shifted by -0.0005 (-10.17%).

2016 Avg (January) 0.0043
2015 Avg (January) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0044 0.0043 0.0043
February 0.0043 0.0042 0.0042
March 0.0043 0.0041 0.0042
April 0.0041 0.0041 0.0041
May 0.0041 0.0040 0.0041
June 0.0041 0.0040 0.0041
July 0.0041 0.0040 0.0040
August 0.0040 0.0039 0.0039
September 0.0039 0.0038 0.0038
October 0.0038 0.0038 0.0038
November 0.0038 0.0037 0.0037
December 0.0038 0.0037 0.0037