YEARLY HIGH
0.0704 HKD
YEARLY LOW
0.0592 HKD
YEARLY AVERAGE
0.0644 HKD

2016 ISK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0704. Conversely, the yearly low was recorded on January 6, dropping to 0.0592.

This high-to-low spread represents a total annual volatility of 0.0111 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0599 to the December average rate of 0.0689, the exchange rate registered a net change of 15.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0704 was up 12.63% compared to the 2015 peak of 0.0625, 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 352 HKD
2015 Average 294 HKD
Yearly Trough Low 296 HKD
Transaction Impact: A difference of 55.58 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0700
0.0589
JanuMarcMayJulySeptNove

ISK to HKD 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 0.0617, compared to 0.0671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0617
H2 Avg (Jul–Dec) 0.0671

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0028 HKD (High: 0.0704 / Low: 0.0676). On the other end, October was the most stable month, with a tight range of 0.0011 HKD (High: 0.0687 / Low: 0.0676).

December Spread (Volatile) ±0.0028
October Spread (Stable) ±0.0011

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: 0.0689) against the same month in 2015 (average: 0.0598), the exchange rate shifted by +0.0091 (+15.21%).

2016 Avg (December) 0.0689
2015 Avg (December) 0.0598

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0604 0.0592 0.0599
February 0.0616 0.0600 0.0608
March 0.0627 0.0599 0.0613
April 0.0632 0.0620 0.0626
May 0.0638 0.0620 0.0628
June 0.0639 0.0620 0.0630
July 0.0649 0.0631 0.0636
August 0.0666 0.0644 0.0657
September 0.0679 0.0668 0.0676
October 0.0687 0.0676 0.0680
November 0.0701 0.0684 0.0691
December 0.0704 0.0676 0.0689