2016 ISK to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ISK to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ISK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 121.8599. Conversely, the yearly low was recorded on March 6, dropping to 101.7405.
This high-to-low spread represents a total annual volatility of 20.1193 IDR. From a start-to-finish perspective, comparing the January average rate of 106.7340 to the December average rate of 119.1203, the exchange rate registered a net change of 11.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 121.8599 was up 5.41% compared to the 2015 peak of 115.6030, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ISK to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 106.5938, compared to 114.1988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.6051 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 5.1385 IDR (High: 106.8790 / Low: 101.7405). On the other end, May was the most stable month, with a tight range of 1.5748 IDR (High: 109.3154 / Low: 107.7406).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.5952 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 119.1203) against the same month in 2015 (average: 106.7489), the exchange rate shifted by +12.3714 (+11.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 107.9200 | 105.4986 | 106.7340 |
| February | 107.5040 | 103.4565 | 105.6164 |
| March | 106.8790 | 101.7405 | 104.0211 |
| April | 107.5224 | 105.4389 | 106.2833 |
| May | 109.3154 | 107.7406 | 108.6026 |
| June | 109.9681 | 106.4794 | 108.3054 |
| July | 109.5350 | 106.7796 | 107.5686 |
| August | 113.8795 | 109.0380 | 111.4653 |
| September | 115.1752 | 113.4949 | 114.2898 |
| October | 115.5742 | 113.6032 | 114.1339 |
| November | 120.7390 | 116.3871 | 118.6151 |
| December | 121.8599 | 117.1074 | 119.1203 |