YEARLY HIGH
3.2483 MRO
YEARLY LOW
2.3590 MRO
YEARLY AVERAGE
2.9161 MRO

2016 ISK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 3.2483. Conversely, the yearly low was recorded on January 6, dropping to 2.3590.

This high-to-low spread represents a total annual volatility of 0.8893 MRO. From a start-to-finish perspective, comparing the January average rate of 2.5752 to the December average rate of 3.1805, the exchange rate registered a net change of 23.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.2483 was up 24.67% compared to the 2015 peak of 2.6055, 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 16,241 MRO
2015 Average 11,737 MRO
Yearly Trough Low 11,795 MRO
Transaction Impact: A difference of 4,446.45 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.2459
2.5142
JanuMarcMayJulySeptNove

ISK to MRO 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 2.7469, compared to 3.0853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3384 points.

H1 Avg (Jan–Jun) 2.7469
H2 Avg (Jul–Dec) 3.0853

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.2969 MRO (High: 2.6559 / Low: 2.3590). On the other end, October was the most stable month, with a tight range of 0.0534 MRO (High: 3.1573 / Low: 3.1039).

January Spread (Volatile) ±0.2969
October Spread (Stable) ±0.0534

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0045 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 3.1849) against the same month in 2015 (average: 2.4552), the exchange rate shifted by +0.7298 (+29.72%).

2016 Avg (November) 3.1849
2015 Avg (November) 2.4552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6559 2.3590 2.5752
February 2.7134 2.5992 2.6708
March 2.7723 2.6485 2.7156
April 2.8249 2.7690 2.7891
May 2.8765 2.8052 2.8451
June 2.9424 2.8376 2.8855
July 2.9653 2.8812 2.9116
August 3.0674 2.9428 3.0107
September 3.1193 3.0621 3.0993
October 3.1573 3.1039 3.1246
November 3.2483 3.1507 3.1849
December 3.2436 3.1241 3.1805