YEARLY HIGH
2.6753 HUF
YEARLY LOW
2.1626 HUF
YEARLY AVERAGE
2.3365 HUF

2016 ISK to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 2.6753. Conversely, the yearly low was recorded on February 19, dropping to 2.1626.

This high-to-low spread represents a total annual volatility of 0.5127 HUF. From a start-to-finish perspective, comparing the January average rate of 2.2262 to the December average rate of 2.6296, the exchange rate registered a net change of 18.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.6753 was up 18.00% compared to the 2015 peak of 2.2672, 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 13,377 HUF
2015 Average 10,597 HUF
Yearly Trough Low 10,813 HUF
Transaction Impact: A difference of 2,563.55 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.6743
2.1375
JanuMarcMayJulySeptNove

ISK to HUF 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 2.2249, compared to 2.4482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2233 points.

H1 Avg (Jan–Jun) 2.2249
H2 Avg (Jul–Dec) 2.4482

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1409 HUF (High: 2.6281 / Low: 2.4872). On the other end, September was the most stable month, with a tight range of 0.0288 HUF (High: 2.4089 / Low: 2.3802).

November Spread (Volatile) ±0.1409
September Spread (Stable) ±0.0288

Growth Streaks & Declines

Trends

Between February and December, 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 January and February, when the average rate fell by 0.0440 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.6296) against the same month in 2015 (average: 2.2277), the exchange rate shifted by +0.4019 (+18.04%).

2016 Avg (December) 2.6296
2015 Avg (December) 2.2277

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2463 2.2027 2.2262
February 2.2083 2.1626 2.1822
March 2.2346 2.1803 2.2072
April 2.2331 2.2042 2.2179
May 2.2710 2.2190 2.2520
June 2.3123 2.2295 2.2638
July 2.3467 2.3106 2.3295
August 2.3799 2.3198 2.3444
September 2.4089 2.3802 2.3977
October 2.4938 2.3849 2.4388
November 2.6281 2.4872 2.5492
December 2.6753 2.5851 2.6296