YEARLY HIGH
0.0908 MAD
YEARLY LOW
0.0757 MAD
YEARLY AVERAGE
0.0814 MAD

2016 ISK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0908. Conversely, the yearly low was recorded on January 10, dropping to 0.0757.

This high-to-low spread represents a total annual volatility of 0.0151 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0762 to the December average rate of 0.0898, the exchange rate registered a net change of 17.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0908 was up 17.41% compared to the 2015 peak of 0.0773, 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 454 MAD
2015 Average 370 MAD
Yearly Trough Low 379 MAD
Transaction Impact: A difference of 75.39 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0912
0.0749
JanuMarcMayJulySeptNove

ISK to MAD 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 0.0774, compared to 0.0854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.0774
H2 Avg (Jul–Dec) 0.0854

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0025 MAD (High: 0.0837 / Low: 0.0812). On the other end, February was the most stable month, with a tight range of 0.0006 MAD (High: 0.0766 / Low: 0.0760).

August Spread (Volatile) ±0.0025
February Spread (Stable) ±0.0006

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: 0.0898) against the same month in 2015 (average: 0.0763), the exchange rate shifted by +0.0135 (+17.65%).

2016 Avg (December) 0.0898
2015 Avg (December) 0.0763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0767 0.0757 0.0762
February 0.0766 0.0760 0.0764
March 0.0779 0.0762 0.0771
April 0.0783 0.0775 0.0779
May 0.0786 0.0776 0.0782
June 0.0796 0.0780 0.0787
July 0.0816 0.0796 0.0804
August 0.0837 0.0812 0.0824
September 0.0852 0.0839 0.0847
October 0.0873 0.0851 0.0861
November 0.0898 0.0878 0.0888
December 0.0908 0.0888 0.0898