YEARLY HIGH
0.0028 KWD
YEARLY LOW
0.0023 KWD
YEARLY AVERAGE
0.0025 KWD

2016 ISK to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0028. Conversely, the yearly low was recorded on March 1, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0004 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0027, the exchange rate registered a net change of 15.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0028 was up 13.72% compared to the 2015 peak of 0.0024, 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 14 KWD
2015 Average 11 KWD
Yearly Trough Low 12 KWD
Transaction Impact: A difference of 2.25 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0028
0.0023
JanuMarcMayJulySeptNove

ISK to KWD 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 0.0024, compared to 0.0026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0024
H2 Avg (Jul–Dec) 0.0026

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0001 KWD (High: 0.0024 / Low: 0.0023). On the other end, January was the most stable month, with a tight range of 0.0000 KWD (High: 0.0024 / Low: 0.0023).

March Spread (Volatile) ±0.0001
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0027) against the same month in 2015 (average: 0.0023), the exchange rate shifted by +0.0004 (+15.83%).

2016 Avg (December) 0.0027
2015 Avg (December) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0023 0.0023
February 0.0024 0.0023 0.0023
March 0.0024 0.0023 0.0024
April 0.0025 0.0024 0.0024
May 0.0025 0.0024 0.0024
June 0.0025 0.0024 0.0024
July 0.0025 0.0025 0.0025
August 0.0026 0.0025 0.0026
September 0.0026 0.0026 0.0026
October 0.0027 0.0026 0.0027
November 0.0027 0.0027 0.0027
December 0.0028 0.0027 0.0027