YEARLY HIGH
22.3928 MNT
YEARLY LOW
15.2231 MNT
YEARLY AVERAGE
17.8378 MNT

2016 ISK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 22.3928. Conversely, the yearly low was recorded on January 6, dropping to 15.2231.

This high-to-low spread represents a total annual volatility of 7.1696 MNT. From a start-to-finish perspective, comparing the January average rate of 15.3672 to the December average rate of 21.9954, the exchange rate registered a net change of 43.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 22.3928 was up 39.35% compared to the 2015 peak of 16.0697, 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 111,964 MNT
2015 Average 74,619 MNT
Yearly Trough Low 76,116 MNT
Transaction Impact: A difference of 35,848.13 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

22.6583
14.7044
JanuMarcMayJulySeptNove

ISK to MNT 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 15.9480, compared to 19.7276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7795 points.

H1 Avg (Jan–Jun) 15.9480
H2 Avg (Jul–Dec) 19.7276

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 2.0308 MNT (High: 19.3368 / Low: 17.3060). On the other end, January was the most stable month, with a tight range of 0.2460 MNT (High: 15.4692 / Low: 15.2231).

August Spread (Volatile) ±2.0308
January Spread (Stable) ±0.2460

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2904 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.2904

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 21.9954) against the same month in 2015 (average: 15.3756), the exchange rate shifted by +6.6199 (+43.05%).

2016 Avg (December) 21.9954
2015 Avg (December) 15.3756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.4692 15.2231 15.3672
February 15.9215 15.5012 15.7696
March 16.5214 15.6479 16.1369
April 16.6260 15.8726 16.2376
May 16.5521 15.9486 16.2336
June 16.2239 15.4577 15.9432
July 17.2356 16.1296 16.5638
August 19.3368 17.3060 18.4789
September 19.9950 18.9924 19.4863
October 20.9245 19.7866 20.2062
November 21.9374 21.1748 21.6348
December 22.3928 21.6425 21.9954