YEARLY HIGH
0.0166 BGN
YEARLY LOW
0.0137 BGN
YEARLY AVERAGE
0.0147 BGN

2016 ISK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0166. Conversely, the yearly low was recorded on February 11, dropping to 0.0137.

This high-to-low spread represents a total annual volatility of 0.0029 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0165, the exchange rate registered a net change of 18.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0166 was up 18.93% compared to the 2015 peak of 0.0140, 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 83 BGN
2015 Average 67 BGN
Yearly Trough Low 68 BGN
Transaction Impact: A difference of 14.68 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0168
0.0135
JanuMarcMayJulySeptNove

ISK to BGN 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 0.0139, compared to 0.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0139
H2 Avg (Jul–Dec) 0.0154

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0006 BGN (High: 0.0164 / Low: 0.0158). On the other end, March was the most stable month, with a tight range of 0.0001 BGN (High: 0.0139 / Low: 0.0138).

November Spread (Volatile) ±0.0006
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0165) against the same month in 2015 (average: 0.0138), the exchange rate shifted by +0.0026 (+19.05%).

2016 Avg (December) 0.0165
2015 Avg (December) 0.0138

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0139 0.0138 0.0139
February 0.0139 0.0137 0.0138
March 0.0139 0.0138 0.0139
April 0.0140 0.0139 0.0139
May 0.0141 0.0139 0.0140
June 0.0143 0.0140 0.0141
July 0.0147 0.0143 0.0145
August 0.0150 0.0146 0.0148
September 0.0153 0.0151 0.0152
October 0.0158 0.0153 0.0155
November 0.0164 0.0158 0.0161
December 0.0166 0.0163 0.0165