YEARLY HIGH
0.0064 JOD
YEARLY LOW
0.0054 JOD
YEARLY AVERAGE
0.0059 JOD

2016 ISK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0064. Conversely, the yearly low was recorded on January 24, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0010 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0063, the exchange rate registered a net change of 15.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0064 was up 12.53% compared to the 2015 peak of 0.0057, 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 32 JOD
2015 Average 27 JOD
Yearly Trough Low 27 JOD
Transaction Impact: A difference of 5.10 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0064
0.0054
JanuMarcMayJulySeptNove

ISK to JOD 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 0.0056, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0003 JOD (High: 0.0057 / Low: 0.0055). On the other end, January was the most stable month, with a tight range of 0.0001 JOD (High: 0.0055 / Low: 0.0054).

March Spread (Volatile) ±0.0003
January Spread (Stable) ±0.0001

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 0.0000 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0063) against the same month in 2015 (average: 0.0055), the exchange rate shifted by +0.0008 (+14.97%).

2016 Avg (December) 0.0063
2015 Avg (December) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0054 0.0055
February 0.0056 0.0055 0.0055
March 0.0057 0.0055 0.0056
April 0.0058 0.0057 0.0057
May 0.0058 0.0057 0.0057
June 0.0058 0.0057 0.0057
July 0.0059 0.0058 0.0058
August 0.0061 0.0059 0.0060
September 0.0062 0.0061 0.0062
October 0.0063 0.0062 0.0062
November 0.0064 0.0062 0.0063
December 0.0064 0.0062 0.0063