2016 ISK to NGN Historical Review

YEARLY HIGH

2.9838 NGN

YEARLY LOW

1.5209 NGN

YEARLY AVERAGE

2.1570 NGN

2016 ISK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 2.9838. Conversely, the yearly low was recorded on January 6, dropping to 1.5209.

This high-to-low spread represents a total annual volatility of 1.4629 NGN. From a start-to-finish perspective, comparing the January average rate of 1.5320 to the December average rate of 2.7962, the exchange rate registered a net change of 82.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.9838 was up 85.97% compared to the 2015 peak of 1.6045, 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 14,919 NGN

2015 Average 7,508 NGN

Yearly Trough Low 7,605 NGN

Transaction Impact: A difference of 7,314.27 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.9227

1.4056

JanuMarcMayJulySeptNove

ISK to NGN 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 1.6153, compared to 2.6987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0834 points.

H1 Avg (Jan–Jun) 1.6153

H2 Avg (Jul–Dec) 2.6987

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.7350 NGN (High: 2.3311 / Low: 1.5961). On the other end, January was the most stable month, with a tight range of 0.0196 NGN (High: 1.5406 / Low: 1.5209).

June Spread (Volatile) ±0.7350

January Spread (Stable) ±0.0196

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0057 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 2.7318) against the same month in 2015 (average: 1.5093), the exchange rate shifted by +1.2224 (+80.99%).

2016 Avg (August) 2.7318

2015 Avg (August) 1.5093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5406	1.5209	1.5320
February	1.5740	1.5363	1.5545
March	1.6074	1.5332	1.5720
April	1.6229	1.5920	1.6062
May	1.6377	1.5885	1.6103
June	2.3311	1.5961	1.8167
July	2.6751	2.2934	2.4003
August	2.9838	2.6459	2.7318
September	2.7502	2.6841	2.7260
October	2.7751	2.7089	2.7428
November	2.8374	2.7555	2.7949
December	2.8578	2.7078	2.7962