YEARLY HIGH
10.6942 KRW
YEARLY LOW
9.0461 KRW
YEARLY AVERAGE
9.6285 KRW

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 53,471 KRW
2015 Average 42,957 KRW
Yearly Trough Low 45,230 KRW
Transaction Impact: A difference of 8,240.51 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

10.6443
9.1151
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 9.3915
H2 Avg (Jul–Dec) 9.8656

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±0.5074
July Spread (Stable) ±0.1516

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1636

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (December) 10.5169
2015 Avg (December) 9.0513

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