YEARLY HIGH
0.6166 INR
YEARLY LOW
0.5094 INR
YEARLY AVERAGE
0.5577 INR

2016 ISK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.6166. Conversely, the yearly low was recorded on January 5, dropping to 0.5094.

This high-to-low spread represents a total annual volatility of 0.1073 INR. From a start-to-finish perspective, comparing the January average rate of 0.5178 to the December average rate of 0.6022, the exchange rate registered a net change of 16.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6166 was up 17.01% compared to the 2015 peak of 0.5270, 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 3,083 INR
2015 Average 2,434 INR
Yearly Trough Low 2,547 INR
Transaction Impact: A difference of 536.34 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6112
0.5093
JanuMarcMayJulySeptNove

ISK to INR 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 0.5338, compared to 0.5815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0477 points.

H1 Avg (Jan–Jun) 0.5338
H2 Avg (Jul–Dec) 0.5815

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0225 INR (High: 0.6166 / Low: 0.5941). On the other end, October was the most stable month, with a tight range of 0.0086 INR (High: 0.5911 / Low: 0.5825).

December Spread (Volatile) ±0.0225
October Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0047 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.6022) against the same month in 2015 (average: 0.5132), the exchange rate shifted by +0.0890 (+17.34%).

2016 Avg (December) 0.6022
2015 Avg (December) 0.5132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5255 0.5094 0.5178
February 0.5403 0.5246 0.5333
March 0.5353 0.5196 0.5286
April 0.5413 0.5321 0.5363
May 0.5470 0.5354 0.5415
June 0.5547 0.5399 0.5454
July 0.5588 0.5462 0.5507
August 0.5760 0.5553 0.5671
September 0.5847 0.5747 0.5814
October 0.5911 0.5825 0.5848
November 0.6111 0.5955 0.6027
December 0.6166 0.5941 0.6022