YEARLY HIGH
0.0627 BOB
YEARLY LOW
0.0528 BOB
YEARLY AVERAGE
0.0573 BOB

2016 ISK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0627. Conversely, the yearly low was recorded on January 24, dropping to 0.0528.

This high-to-low spread represents a total annual volatility of 0.0100 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0532 to the December average rate of 0.0615, the exchange rate registered a net change of 15.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0627 was up 12.75% compared to the 2015 peak of 0.0556, 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 314 BOB
2015 Average 262 BOB
Yearly Trough Low 264 BOB
Transaction Impact: A difference of 49.85 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0625
0.0523
JanuMarcMayJulySeptNove

ISK to BOB 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 0.0547, compared to 0.0598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0547
H2 Avg (Jul–Dec) 0.0598

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0024 BOB (High: 0.0627 / Low: 0.0604). On the other end, January was the most stable month, with a tight range of 0.0007 BOB (High: 0.0535 / Low: 0.0528).

December Spread (Volatile) ±0.0024
January Spread (Stable) ±0.0007

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 0.0001 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: 0.0615) against the same month in 2015 (average: 0.0533), the exchange rate shifted by +0.0082 (+15.41%).

2016 Avg (December) 0.0615
2015 Avg (December) 0.0533

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0535 0.0528 0.0532
February 0.0546 0.0531 0.0539
March 0.0551 0.0529 0.0540
April 0.0564 0.0551 0.0555
May 0.0569 0.0550 0.0558
June 0.0568 0.0549 0.0559
July 0.0578 0.0559 0.0565
August 0.0596 0.0574 0.0586
September 0.0606 0.0595 0.0602
October 0.0612 0.0603 0.0606
November 0.0627 0.0610 0.0616
December 0.0627 0.0604 0.0615