YEARLY HIGH
0.1721 EGP
YEARLY LOW
0.0598 EGP
YEARLY AVERAGE
0.0841 EGP

2016 ISK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.1721. Conversely, the yearly low was recorded on January 24, dropping to 0.0598.

This high-to-low spread represents a total annual volatility of 0.1123 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0603 to the December average rate of 0.1634, the exchange rate registered a net change of 171.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1721 was up 168.67% compared to the 2015 peak of 0.0641, 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 861 EGP
2015 Average 293 EGP
Yearly Trough Low 299 EGP
Transaction Impact: A difference of 561.55 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1738
0.0499
JanuMarcMayJulySeptNove

ISK to EGP 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 0.0672, compared to 0.1009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0337 points.

H1 Avg (Jan–Jun) 0.0672
H2 Avg (Jul–Dec) 0.1009

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0811 EGP (High: 0.1603 / Low: 0.0792). On the other end, January was the most stable month, with a tight range of 0.0008 EGP (High: 0.0606 / Low: 0.0598).

November Spread (Volatile) ±0.0811
January Spread (Stable) ±0.0008

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: 0.1634) against the same month in 2015 (average: 0.0604), the exchange rate shifted by +0.1030 (+170.59%).

2016 Avg (December) 0.1634
2015 Avg (December) 0.0604

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0606 0.0598 0.0603
February 0.0619 0.0605 0.0612
March 0.0717 0.0603 0.0665
April 0.0724 0.0710 0.0716
May 0.0729 0.0709 0.0718
June 0.0731 0.0708 0.0720
July 0.0742 0.0722 0.0728
August 0.0762 0.0738 0.0752
September 0.0778 0.0765 0.0773
October 0.0786 0.0774 0.0778
November 0.1603 0.0792 0.1389
December 0.1721 0.1593 0.1634