YEARLY HIGH
0.2031 ETB
YEARLY LOW
0.1620 ETB
YEARLY AVERAGE
0.1814 ETB

2016 ISK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.2031. Conversely, the yearly low was recorded on January 6, dropping to 0.1620.

This high-to-low spread represents a total annual volatility of 0.0411 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1635 to the December average rate of 0.1989, the exchange rate registered a net change of 21.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2031 was up 20.22% compared to the 2015 peak of 0.1689, 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 1,016 ETB
2015 Average 785 ETB
Yearly Trough Low 810 ETB
Transaction Impact: A difference of 205.48 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2024
0.1600
JanuMarcMayJulySeptNove

ISK to ETB 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 0.1709, compared to 0.1920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 0.1709
H2 Avg (Jul–Dec) 0.1920

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0091 ETB (High: 0.1737 / Low: 0.1647). On the other end, January was the most stable month, with a tight range of 0.0024 ETB (High: 0.1644 / Low: 0.1620).

March Spread (Volatile) ±0.0091
January Spread (Stable) ±0.0024

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: 0.1989) against the same month in 2015 (average: 0.1629), the exchange rate shifted by +0.0360 (+22.10%).

2016 Avg (December) 0.1989
2015 Avg (December) 0.1629

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1644 0.1620 0.1635
February 0.1685 0.1647 0.1665
March 0.1737 0.1647 0.1690
April 0.1762 0.1723 0.1740
May 0.1772 0.1739 0.1754
June 0.1795 0.1736 0.1769
July 0.1843 0.1781 0.1801
August 0.1901 0.1831 0.1869
September 0.1941 0.1901 0.1925
October 0.1966 0.1934 0.1945
November 0.2018 0.1968 0.1988
December 0.2031 0.1950 0.1989