YEARLY HIGH
0.0189 FJD
YEARLY LOW
0.0163 FJD
YEARLY AVERAGE
0.0173 FJD

2016 ISK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0189. Conversely, the yearly low was recorded on March 3, dropping to 0.0163.

This high-to-low spread represents a total annual volatility of 0.0026 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0166 to the December average rate of 0.0187, the exchange rate registered a net change of 12.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0189 was up 11.04% compared to the 2015 peak of 0.0171, 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 95 FJD
2015 Average 79 FJD
Yearly Trough Low 82 FJD
Transaction Impact: A difference of 13.22 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0189
0.0163
JanuMarcMayJulySeptNove

ISK to FJD 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 0.0167, compared to 0.0179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0167
H2 Avg (Jul–Dec) 0.0179

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0006 FJD (High: 0.0172 / Low: 0.0165). On the other end, November was the most stable month, with a tight range of 0.0003 FJD (High: 0.0186 / Low: 0.0183).

June Spread (Volatile) ±0.0006
November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0187) against the same month in 2015 (average: 0.0164), the exchange rate shifted by +0.0022 (+13.63%).

2016 Avg (December) 0.0187
2015 Avg (December) 0.0164

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0168 0.0164 0.0166
February 0.0170 0.0164 0.0167
March 0.0167 0.0163 0.0165
April 0.0169 0.0165 0.0167
May 0.0171 0.0169 0.0170
June 0.0172 0.0165 0.0169
July 0.0173 0.0167 0.0169
August 0.0176 0.0171 0.0174
September 0.0180 0.0177 0.0179
October 0.0183 0.0179 0.0180
November 0.0186 0.0183 0.0185
December 0.0189 0.0184 0.0187