YEARLY HIGH
0.2110 HNL
YEARLY LOW
0.1708 HNL
YEARLY AVERAGE
0.1890 HNL

2016 ISK to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.2110. Conversely, the yearly low was recorded on January 6, dropping to 0.1708.

This high-to-low spread represents a total annual volatility of 0.0402 HNL. From a start-to-finish perspective, comparing the January average rate of 0.1726 to the December average rate of 0.2071, the exchange rate registered a net change of 20.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2110 was up 19.21% compared to the 2015 peak of 0.1770, 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 1,055 HNL
2015 Average 823 HNL
Yearly Trough Low 854 HNL
Transaction Impact: A difference of 200.87 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2106
0.1692
JanuMarcMayJulySeptNove

ISK to HNL 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 0.1794, compared to 0.1987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0193 points.

H1 Avg (Jan–Jun) 0.1794
H2 Avg (Jul–Dec) 0.1987

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0081 HNL (High: 0.1825 / Low: 0.1744). On the other end, October was the most stable month, with a tight range of 0.0026 HNL (High: 0.2014 / Low: 0.1989).

March Spread (Volatile) ±0.0081
October Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.2071) against the same month in 2015 (average: 0.1688), the exchange rate shifted by +0.0383 (+22.69%).

2016 Avg (December) 0.2071
2015 Avg (December) 0.1688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1737 0.1708 0.1726
February 0.1786 0.1739 0.1763
March 0.1825 0.1744 0.1786
April 0.1839 0.1804 0.1821
May 0.1856 0.1804 0.1827
June 0.1874 0.1813 0.1841
July 0.1903 0.1848 0.1868
August 0.1967 0.1899 0.1936
September 0.2005 0.1970 0.1990
October 0.2014 0.1989 0.2003
November 0.2076 0.2030 0.2052
December 0.2110 0.2034 0.2071