YEARLY HIGH
0.1866 MXN
YEARLY LOW
0.1326 MXN
YEARLY AVERAGE
0.1554 MXN

2016 ISK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.1866. Conversely, the yearly low was recorded on January 3, dropping to 0.1326.

This high-to-low spread represents a total annual volatility of 0.0540 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1387 to the December average rate of 0.1823, the exchange rate registered a net change of 31.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1866 was up 36.97% compared to the 2015 peak of 0.1362, 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 933 MXN
2015 Average 603 MXN
Yearly Trough Low 663 MXN
Transaction Impact: A difference of 270.04 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1867
0.1344
JanuMarcMayJulySeptNove

ISK to MXN 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 0.1436, compared to 0.1672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0237 points.

H1 Avg (Jan–Jun) 0.1436
H2 Avg (Jul–Dec) 0.1672

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0201 MXN (High: 0.1856 / Low: 0.1654). On the other end, March was the most stable month, with a tight range of 0.0034 MXN (High: 0.1411 / Low: 0.1377).

November Spread (Volatile) ±0.0201
March Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between March and September, 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 February and March, when the average rate fell by 0.0050 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1823) against the same month in 2015 (average: 0.1318), the exchange rate shifted by +0.0505 (+38.34%).

2016 Avg (December) 0.1823
2015 Avg (December) 0.1318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1437 0.1326 0.1387
February 0.1509 0.1406 0.1442
March 0.1411 0.1377 0.1392
April 0.1440 0.1392 0.1411
May 0.1485 0.1404 0.1466
June 0.1542 0.1487 0.1514
July 0.1570 0.1497 0.1524
August 0.1612 0.1533 0.1566
September 0.1740 0.1588 0.1672
October 0.1700 0.1619 0.1660
November 0.1856 0.1654 0.1789
December 0.1866 0.1786 0.1823