YEARLY HIGH
272.8084 IRR
YEARLY LOW
229.0060 IRR
YEARLY AVERAGE
250.2261 IRR

2016 ISK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 272.8084. Conversely, the yearly low was recorded on January 24, dropping to 229.0060.

This high-to-low spread represents a total annual volatility of 43.8024 IRR. From a start-to-finish perspective, comparing the January average rate of 230.8733 to the December average rate of 267.0976, the exchange rate registered a net change of 15.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 272.8084 was up 12.95% compared to the 2015 peak of 241.5252, 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 1,364,042 IRR
2015 Average 1,099,204 IRR
Yearly Trough Low 1,145,030 IRR
Transaction Impact: A difference of 219,012.02 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

271.6139
227.1696
JanuMarcMayJulySeptNove

ISK to IRR 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 240.0422, compared to 260.4101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.3680 points.

H1 Avg (Jan–Jun) 240.0422
H2 Avg (Jul–Dec) 260.4101

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 11.4268 IRR (High: 244.2057 / Low: 232.7789). On the other end, January was the most stable month, with a tight range of 3.2197 IRR (High: 232.2258 / Low: 229.0060).

March Spread (Volatile) ±11.4268
January Spread (Stable) ±3.2197

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 0.8126 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.8126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 267.0976) against the same month in 2015 (average: 231.4171), the exchange rate shifted by +35.6805 (+15.42%).

2016 Avg (December) 267.0976
2015 Avg (December) 231.4171

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 232.2258 229.0060 230.8733
February 238.8377 231.5219 235.7456
March 244.2057 232.7789 238.7960
April 246.6040 241.7499 244.0030
May 248.7667 241.9598 244.8872
June 249.9897 242.4748 245.9479
July 251.4492 244.7437 247.1958
August 258.2489 249.9294 254.7444
September 263.4526 259.2301 261.9606
October 266.5155 262.1808 263.5522
November 271.9765 265.1702 267.9102
December 272.8084 261.9747 267.0976