YEARLY HIGH
12.2038 MMK
YEARLY LOW
9.3158 MMK
YEARLY AVERAGE
10.2656 MMK

2016 ISK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 12.2038. Conversely, the yearly low was recorded on April 25, dropping to 9.3158.

This high-to-low spread represents a total annual volatility of 2.8880 MMK. From a start-to-finish perspective, comparing the January average rate of 10.0000 to the December average rate of 11.9855, the exchange rate registered a net change of 19.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 12.2038 was up 19.72% compared to the 2015 peak of 10.1932, 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 61,019 MMK
2015 Average 42,105 MMK
Yearly Trough Low 46,579 MMK
Transaction Impact: A difference of 14,440.02 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

12.2353
9.2370
JanuMarcMayJulySeptNove

ISK to MMK 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 9.6678, compared to 10.8633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1955 points.

H1 Avg (Jan–Jun) 9.6678
H2 Avg (Jul–Dec) 10.8633

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.6523 MMK (High: 11.0215 / Low: 10.3693). On the other end, January was the most stable month, with a tight range of 0.1846 MMK (High: 10.1125 / Low: 9.9280).

September Spread (Volatile) ±0.6523
January Spread (Stable) ±0.1846

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2615 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2615

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 11.9855) against the same month in 2015 (average: 10.0158), the exchange rate shifted by +1.9697 (+19.67%).

2016 Avg (December) 11.9855
2015 Avg (December) 10.0158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1125 9.9280 10.0000
February 10.0337 9.5611 9.7385
March 9.7496 9.5122 9.6093
April 9.8854 9.3158 9.5451
May 9.6042 9.3951 9.4868
June 9.8049 9.3821 9.6272
July 9.9073 9.5103 9.6667
August 10.3987 9.8412 10.1076
September 11.0215 10.3693 10.7045
October 11.3738 10.9113 11.1587
November 11.7189 11.4501 11.5568
December 12.2038 11.7487 11.9855