YEARLY HIGH
0.3899 GMD
YEARLY LOW
0.3012 GMD
YEARLY AVERAGE
0.3489 GMD

2016 ISK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.3899. Conversely, the yearly low was recorded on January 27, dropping to 0.3012.

This high-to-low spread represents a total annual volatility of 0.0888 GMD. From a start-to-finish perspective, comparing the January average rate of 0.3040 to the December average rate of 0.3802, the exchange rate registered a net change of 25.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3899 was up 15.66% compared to the 2015 peak of 0.3371, 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 1,950 GMD
2015 Average 1,562 GMD
Yearly Trough Low 1,506 GMD
Transaction Impact: A difference of 443.75 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3880
0.2963
JanuMarcMayJulySeptNove

ISK to GMD 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 0.3283, compared to 0.3695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0413 points.

H1 Avg (Jan–Jun) 0.3283
H2 Avg (Jul–Dec) 0.3695

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0432 GMD (High: 0.3454 / Low: 0.3022). On the other end, January was the most stable month, with a tight range of 0.0047 GMD (High: 0.3059 / Low: 0.3012).

March Spread (Volatile) ±0.0432
January Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between January and November, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.3802) against the same month in 2015 (average: 0.3050), the exchange rate shifted by +0.0752 (+24.66%).

2016 Avg (December) 0.3802
2015 Avg (December) 0.3050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3059 0.3012 0.3040
February 0.3125 0.3037 0.3084
March 0.3454 0.3022 0.3210
April 0.3479 0.3413 0.3442
May 0.3514 0.3405 0.3458
June 0.3529 0.3417 0.3461
July 0.3562 0.3461 0.3501
August 0.3666 0.3536 0.3614
September 0.3739 0.3671 0.3711
October 0.3786 0.3716 0.3739
November 0.3856 0.3753 0.3804
December 0.3899 0.3719 0.3802