YEARLY HIGH
0.1386 MVR
YEARLY LOW
0.1169 MVR
YEARLY AVERAGE
0.1267 MVR

2016 ISK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.1386. Conversely, the yearly low was recorded on January 24, dropping to 0.1169.

This high-to-low spread represents a total annual volatility of 0.0218 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1178 to the December average rate of 0.1360, the exchange rate registered a net change of 15.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1386 was up 12.28% compared to the 2015 peak of 0.1235, 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 693 MVR
2015 Average 580 MVR
Yearly Trough Low 584 MVR
Transaction Impact: A difference of 108.94 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1379
0.1160
JanuMarcMayJulySeptNove

ISK to MVR 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 0.1214, compared to 0.1320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.1214
H2 Avg (Jul–Dec) 0.1320

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0056 MVR (High: 0.1386 / Low: 0.1330). On the other end, January was the most stable month, with a tight range of 0.0017 MVR (High: 0.1186 / Low: 0.1169).

December Spread (Volatile) ±0.0056
January Spread (Stable) ±0.0017

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 0.0001 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1360) against the same month in 2015 (average: 0.1182), the exchange rate shifted by +0.0178 (+15.09%).

2016 Avg (December) 0.1360
2015 Avg (December) 0.1182

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1186 0.1169 0.1178
February 0.1212 0.1175 0.1195
March 0.1235 0.1179 0.1206
April 0.1246 0.1218 0.1231
May 0.1262 0.1217 0.1237
June 0.1261 0.1219 0.1239
July 0.1271 0.1232 0.1245
August 0.1308 0.1255 0.1286
September 0.1337 0.1312 0.1329
October 0.1350 0.1331 0.1338
November 0.1386 0.1346 0.1361
December 0.1386 0.1330 0.1360