YEARLY HIGH
15.2269 BIF
YEARLY LOW
11.8559 BIF
YEARLY AVERAGE
13.4386 BIF

2016 ISK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 15.2269. Conversely, the yearly low was recorded on January 24, dropping to 11.8559.

This high-to-low spread represents a total annual volatility of 3.3711 BIF. From a start-to-finish perspective, comparing the January average rate of 12.0175 to the December average rate of 14.8801, the exchange rate registered a net change of 23.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 15.2269 was up 20.89% compared to the 2015 peak of 12.5953, 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 76,135 BIF
2015 Average 59,428 BIF
Yearly Trough Low 59,279 BIF
Transaction Impact: A difference of 16,855.37 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

15.1822
11.7298
JanuMarcMayJulySeptNove

ISK to BIF 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 12.4515, compared to 14.4258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9743 points.

H1 Avg (Jan–Jun) 12.4515
H2 Avg (Jul–Dec) 14.4258

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.2919 BIF (High: 13.7658 / Low: 12.4739). On the other end, October was the most stable month, with a tight range of 0.2003 BIF (High: 14.7385 / Low: 14.5381).

June Spread (Volatile) ±1.2919
October Spread (Stable) ±0.2003

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 0.0144 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 14.8801) against the same month in 2015 (average: 11.9974), the exchange rate shifted by +2.8827 (+24.03%).

2016 Avg (December) 14.8801
2015 Avg (December) 11.9974

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1096 11.8559 12.0175
February 12.3167 12.0451 12.1874
March 12.6362 12.0705 12.3338
April 12.7088 12.3803 12.5384
May 12.8413 12.4097 12.6130
June 13.7658 12.4739 13.0189
July 13.8930 13.4696 13.5953
August 14.3606 13.7752 14.0805
September 14.5922 14.3115 14.4954
October 14.7385 14.5381 14.6088
November 15.1092 14.7544 14.8945
December 15.2269 14.5572 14.8801