YEARLY HIGH
0.0403 MYR
YEARLY LOW
0.0311 MYR
YEARLY AVERAGE
0.0344 MYR

2016 ISK to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0403. Conversely, the yearly low was recorded on April 13, dropping to 0.0311.

This high-to-low spread represents a total annual volatility of 0.0092 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0333 to the December average rate of 0.0396, the exchange rate registered a net change of 18.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0403 was up 15.24% compared to the 2015 peak of 0.0350, 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 202 MYR
2015 Average 148 MYR
Yearly Trough Low 156 MYR
Transaction Impact: A difference of 45.98 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0404
0.0307
JanuMarcMayJulySeptNove

ISK to MYR 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 0.0325, compared to 0.0363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0325
H2 Avg (Jul–Dec) 0.0363

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0024 MYR (High: 0.0398 / Low: 0.0374). On the other end, February was the most stable month, with a tight range of 0.0008 MYR (High: 0.0330 / Low: 0.0322).

November Spread (Volatile) ±0.0024
February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0007 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0396) against the same month in 2015 (average: 0.0330), the exchange rate shifted by +0.0066 (+19.89%).

2016 Avg (December) 0.0396
2015 Avg (December) 0.0330

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0342 0.0318 0.0333
February 0.0330 0.0322 0.0326
March 0.0327 0.0315 0.0321
April 0.0319 0.0311 0.0315
May 0.0330 0.0320 0.0327
June 0.0335 0.0325 0.0331
July 0.0338 0.0324 0.0329
August 0.0350 0.0335 0.0341
September 0.0362 0.0352 0.0358
October 0.0372 0.0361 0.0366
November 0.0398 0.0374 0.0387
December 0.0403 0.0390 0.0396