YEARLY HIGH
0.0073 GBP
YEARLY LOW
0.0052 GBP
YEARLY AVERAGE
0.0062 GBP

2016 ISK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.0073. Conversely, the yearly low was recorded on January 2, dropping to 0.0052.

This high-to-low spread represents a total annual volatility of 0.0021 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0053 to the December average rate of 0.0071, the exchange rate registered a net change of 33.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0073 was up 39.03% compared to the 2015 peak of 0.0053, 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 37 GBP
2015 Average 25 GBP
Yearly Trough Low 26 GBP
Transaction Impact: A difference of 10.43 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0073
0.0052
JanuMarcMayJulySeptNove

ISK to GBP 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 0.0055, compared to 0.0068 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) 0.0055
H2 Avg (Jul–Dec) 0.0068

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0006 GBP (High: 0.0061 / Low: 0.0055). On the other end, December was the most stable month, with a tight range of 0.0001 GBP (High: 0.0072 / Low: 0.0070).

June Spread (Volatile) ±0.0006
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and November, 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 April and May, 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 (November 2016: 0.0072) against the same month in 2015 (average: 0.0050), the exchange rate shifted by +0.0021 (+42.49%).

2016 Avg (November) 0.0072
2015 Avg (November) 0.0050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0052 0.0053
February 0.0056 0.0053 0.0055
March 0.0056 0.0055 0.0055
April 0.0057 0.0055 0.0056
May 0.0057 0.0054 0.0056
June 0.0061 0.0055 0.0057
July 0.0063 0.0061 0.0062
August 0.0066 0.0063 0.0065
September 0.0068 0.0065 0.0066
October 0.0072 0.0068 0.0071
November 0.0073 0.0071 0.0072
December 0.0072 0.0070 0.0071