YEARLY HIGH
83.7411 GNF
YEARLY LOW
58.6539 GNF
YEARLY AVERAGE
69.6907 GNF

2016 ISK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 83.7411. Conversely, the yearly low was recorded on May 27, dropping to 58.6539.

This high-to-low spread represents a total annual volatility of 25.0871 GNF. From a start-to-finish perspective, comparing the January average rate of 59.5290 to the December average rate of 82.4004, the exchange rate registered a net change of 38.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 83.7411 was up 36.19% compared to the 2015 peak of 61.4896, 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 418,705 GNF
2015 Average 278,939 GNF
Yearly Trough Low 293,270 GNF
Transaction Impact: A difference of 125,435.61 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

84.6875
57.2419
JanuMarcMayJulySeptNove

ISK to GNF 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 60.6395, compared to 78.7420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.1025 points.

H1 Avg (Jan–Jun) 60.6395
H2 Avg (Jul–Dec) 78.7420

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 13.1080 GNF (High: 72.1091 / Low: 59.0011). On the other end, January was the most stable month, with a tight range of 0.9568 GNF (High: 59.9642 / Low: 59.0074).

June Spread (Volatile) ±13.1080
January Spread (Stable) ±0.9568

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.3446 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.3446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 82.4004) against the same month in 2015 (average: 59.5830), the exchange rate shifted by +22.8174 (+38.30%).

2016 Avg (December) 82.4004
2015 Avg (December) 59.5830

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.9642 59.0074 59.5290
February 61.2904 59.0136 60.1556
March 61.3735 58.8797 60.1673
April 61.7785 60.5687 61.1960
May 61.9526 58.6539 59.8514
June 72.1091 59.0011 62.9374
July 75.0663 71.7748 73.4041
August 77.8276 74.6784 76.6256
September 79.8582 77.7804 79.1357
October 80.5968 78.9391 79.6180
November 82.8379 79.5684 81.2680
December 83.7411 81.0930 82.4004