2016 ISK to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ISK to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ISK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 10.6942. Conversely, the yearly low was recorded on January 2, dropping to 9.0461.
This high-to-low spread represents a total annual volatility of 1.6481 KRW. From a start-to-finish perspective, comparing the January average rate of 9.2425 to the December average rate of 10.5169, the exchange rate registered a net change of 13.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 10.6942 was up 13.69% compared to the 2015 peak of 9.4060, 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 KRW 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 9.3915, compared to 9.8656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4740 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was October, with a trading range of 0.5074 KRW (High: 10.1485 / Low: 9.6411). On the other end, July was the most stable month, with a tight range of 0.1516 KRW (High: 9.4545 / Low: 9.3029).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1636 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 10.5169) against the same month in 2015 (average: 9.0513), the exchange rate shifted by +1.4656 (+16.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.3950 | 9.0461 | 9.2425 |
| February | 9.6246 | 9.3050 | 9.5160 |
| March | 9.5203 | 9.2269 | 9.3524 |
| April | 9.3521 | 9.1303 | 9.2585 |
| May | 9.5670 | 9.3395 | 9.5018 |
| June | 9.6042 | 9.3775 | 9.4779 |
| July | 9.4545 | 9.3029 | 9.3562 |
| August | 9.6135 | 9.2332 | 9.4152 |
| September | 9.8369 | 9.5233 | 9.6663 |
| October | 10.1485 | 9.6411 | 9.8713 |
| November | 10.4436 | 10.1881 | 10.3675 |
| December | 10.6942 | 10.3357 | 10.5169 |