YEARLY HIGH
0.0628 CNY
YEARLY LOW
0.0499 CNY
YEARLY AVERAGE
0.0552 CNY

2016 ISK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0628. Conversely, the yearly low was recorded on January 5, dropping to 0.0499.

This high-to-low spread represents a total annual volatility of 0.0128 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0505 to the December average rate of 0.0615, the exchange rate registered a net change of 21.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0628 was up 22.71% compared to the 2015 peak of 0.0511, 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 CNY
2015 Average 238 CNY
Yearly Trough Low 250 CNY
Transaction Impact: A difference of 64.05 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0626
0.0494
JanuMarcMayJulySeptNove

ISK to CNY 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 0.0519, compared to 0.0584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.0519
H2 Avg (Jul–Dec) 0.0584

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0021 CNY (High: 0.0628 / Low: 0.0606). On the other end, April was the most stable month, with a tight range of 0.0009 CNY (High: 0.0528 / Low: 0.0519).

December Spread (Volatile) ±0.0021
April Spread (Stable) ±0.0009

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: 0.0615) against the same month in 2015 (average: 0.0498), the exchange rate shifted by +0.0117 (+23.51%).

2016 Avg (December) 0.0615
2015 Avg (December) 0.0498

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0509 0.0499 0.0505
February 0.0520 0.0504 0.0512
March 0.0521 0.0505 0.0514
April 0.0528 0.0519 0.0523
May 0.0533 0.0524 0.0528
June 0.0542 0.0527 0.0534
July 0.0555 0.0542 0.0548
August 0.0573 0.0552 0.0563
September 0.0585 0.0575 0.0581
October 0.0600 0.0583 0.0590
November 0.0614 0.0604 0.0609
December 0.0628 0.0606 0.0615