YEARLY HIGH
0.1297 NAD
YEARLY LOW
0.1123 NAD
YEARLY AVERAGE
0.1218 NAD

2016 ISK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.1297. Conversely, the yearly low was recorded on August 10, dropping to 0.1123.

This high-to-low spread represents a total annual volatility of 0.0174 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1252 to the December average rate of 0.1232, the exchange rate registered a net change of -1.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1297 was up 5.14% compared to the 2015 peak of 0.1234, 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 649 NAD
2015 Average 485 NAD
Yearly Trough Low 561 NAD
Transaction Impact: A difference of 87.10 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1261
0.1157
JanuMarcMayJulySeptNove

ISK to NAD 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 0.1223, compared to 0.1212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1223
H2 Avg (Jul–Dec) 0.1212

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0130 NAD (High: 0.1253 / Low: 0.1123). On the other end, July was the most stable month, with a tight range of 0.0039 NAD (High: 0.1203 / Low: 0.1164).

August Spread (Volatile) ±0.0130
July Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0042 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1252) against the same month in 2015 (average: 0.0880), the exchange rate shifted by +0.0372 (+42.27%).

2016 Avg (January) 0.1252
2015 Avg (January) 0.0880

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1297 0.1194 0.1252
February 0.1268 0.1183 0.1234
March 0.1250 0.1190 0.1214
April 0.1229 0.1147 0.1179
May 0.1264 0.1159 0.1238
June 0.1258 0.1187 0.1223
July 0.1203 0.1164 0.1180
August 0.1253 0.1123 0.1166
September 0.1259 0.1186 0.1225
October 0.1249 0.1196 0.1221
November 0.1277 0.1200 0.1246
December 0.1255 0.1196 0.1232