YEARLY HIGH
0.9369 CVE
YEARLY LOW
0.7719 CVE
YEARLY AVERAGE
0.8276 CVE

2016 ISK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.9369. Conversely, the yearly low was recorded on February 12, dropping to 0.7719.

This high-to-low spread represents a total annual volatility of 0.1650 CVE. From a start-to-finish perspective, comparing the January average rate of 0.7809 to the December average rate of 0.9292, the exchange rate registered a net change of 18.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9369 was up 18.94% compared to the 2015 peak of 0.7877, 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 4,684 CVE
2015 Average 3,767 CVE
Yearly Trough Low 3,859 CVE
Transaction Impact: A difference of 825.13 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9445
0.7612
JanuMarcMayJulySeptNove

ISK to CVE 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 0.7849, compared to 0.8702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0853 points.

H1 Avg (Jan–Jun) 0.7849
H2 Avg (Jul–Dec) 0.8702

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0413 CVE (High: 0.9369 / Low: 0.8956). On the other end, January was the most stable month, with a tight range of 0.0087 CVE (High: 0.7864 / Low: 0.7777).

December Spread (Volatile) ±0.0413
January Spread (Stable) ±0.0087

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 0.0045 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.9292) against the same month in 2015 (average: 0.7802), the exchange rate shifted by +0.1490 (+19.10%).

2016 Avg (December) 0.9292
2015 Avg (December) 0.7802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7864 0.7777 0.7809
February 0.7847 0.7719 0.7765
March 0.7921 0.7795 0.7837
April 0.7899 0.7769 0.7851
May 0.7924 0.7828 0.7873
June 0.8100 0.7896 0.7961
July 0.8286 0.8073 0.8167
August 0.8484 0.8217 0.8333
September 0.8612 0.8507 0.8567
October 0.8913 0.8606 0.8756
November 0.9283 0.8945 0.9098
December 0.9369 0.8956 0.9292