YEARLY HIGH
0.0034 BHD
YEARLY LOW
0.0029 BHD
YEARLY AVERAGE
0.0031 BHD

2016 ISK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0034. Conversely, the yearly low was recorded on January 24, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0005 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0029 to the December average rate of 0.0033, the exchange rate registered a net change of 15.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0034 was up 12.45% compared to the 2015 peak of 0.0030, 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 17 BHD
2015 Average 14 BHD
Yearly Trough Low 14 BHD
Transaction Impact: A difference of 2.69 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0034
0.0029
JanuMarcMayJulySeptNove

ISK to BHD 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 0.0030, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0030
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0001 BHD (High: 0.0030 / Low: 0.0029). On the other end, January was the most stable month, with a tight range of 0.0000 BHD (High: 0.0029 / Low: 0.0029).

March Spread (Volatile) ±0.0001
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and November, 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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0033) against the same month in 2015 (average: 0.0029), the exchange rate shifted by +0.0004 (+15.03%).

2016 Avg (December) 0.0033
2015 Avg (December) 0.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0029 0.0029 0.0029
February 0.0030 0.0029 0.0029
March 0.0030 0.0029 0.0030
April 0.0031 0.0030 0.0030
May 0.0031 0.0030 0.0030
June 0.0031 0.0030 0.0031
July 0.0032 0.0031 0.0031
August 0.0032 0.0031 0.0032
September 0.0033 0.0032 0.0033
October 0.0033 0.0033 0.0033
November 0.0034 0.0033 0.0034
December 0.0034 0.0033 0.0033