YEARLY HIGH
0.0632 DKK
YEARLY LOW
0.0522 DKK
YEARLY AVERAGE
0.0559 DKK

2016 ISK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0632. Conversely, the yearly low was recorded on February 11, dropping to 0.0522.

This high-to-low spread represents a total annual volatility of 0.0110 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0528 to the December average rate of 0.0627, the exchange rate registered a net change of 18.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0632 was up 18.59% compared to the 2015 peak of 0.0533, 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 316 DKK
2015 Average 255 DKK
Yearly Trough Low 261 DKK
Transaction Impact: A difference of 55.06 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0637
0.0515
JanuMarcMayJulySeptNove

ISK to DKK 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 0.0530, compared to 0.0587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.0530
H2 Avg (Jul–Dec) 0.0587

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0024 DKK (High: 0.0626 / Low: 0.0602). On the other end, March was the most stable month, with a tight range of 0.0003 DKK (High: 0.0531 / Low: 0.0527).

November Spread (Volatile) ±0.0024
March Spread (Stable) ±0.0003

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 0.0003 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0627) against the same month in 2015 (average: 0.0528), the exchange rate shifted by +0.0098 (+18.61%).

2016 Avg (December) 0.0627
2015 Avg (December) 0.0528

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0532 0.0526 0.0528
February 0.0531 0.0522 0.0525
March 0.0531 0.0527 0.0529
April 0.0531 0.0527 0.0530
May 0.0535 0.0531 0.0533
June 0.0544 0.0532 0.0536
July 0.0559 0.0545 0.0551
August 0.0572 0.0555 0.0563
September 0.0582 0.0573 0.0579
October 0.0601 0.0581 0.0591
November 0.0626 0.0602 0.0614
December 0.0632 0.0618 0.0627