YEARLY HIGH
0.7215 BDT
YEARLY LOW
0.5989 BDT
YEARLY AVERAGE
0.6521 BDT

2016 ISK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.7215. Conversely, the yearly low was recorded on January 6, dropping to 0.5989.

This high-to-low spread represents a total annual volatility of 0.1226 BDT. From a start-to-finish perspective, comparing the January average rate of 0.6040 to the December average rate of 0.7044, the exchange rate registered a net change of 16.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7215 was up 15.12% compared to the 2015 peak of 0.6267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,607 BDT
2015 Average 2,955 BDT
Yearly Trough Low 2,995 BDT
Transaction Impact: A difference of 612.79 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7145
0.5939
JanuMarcMayJulySeptNove

ISK to BDT 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 0.6235, compared to 0.6807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0572 points.

H1 Avg (Jan–Jun) 0.6235
H2 Avg (Jul–Dec) 0.6807

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0368 BDT (High: 0.7215 / Low: 0.6847). On the other end, January was the most stable month, with a tight range of 0.0088 BDT (High: 0.6077 / Low: 0.5989).

December Spread (Volatile) ±0.0368
January Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.7044) against the same month in 2015 (average: 0.6041), the exchange rate shifted by +0.1004 (+16.62%).

2016 Avg (December) 0.7044
2015 Avg (December) 0.6041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6077 0.5989 0.6040
February 0.6227 0.6057 0.6138
March 0.6335 0.6040 0.6189
April 0.6392 0.6265 0.6325
May 0.6443 0.6273 0.6351
June 0.6462 0.6241 0.6366
July 0.6556 0.6370 0.6430
August 0.6752 0.6514 0.6642
September 0.6880 0.6746 0.6830
October 0.6945 0.6833 0.6871
November 0.7145 0.6955 0.7025
December 0.7215 0.6847 0.7044