2016 ISK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |