YEARLY HIGH
0.0767 NOK
YEARLY LOW
0.0654 NOK
YEARLY AVERAGE
0.0697 NOK

2016 ISK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0767. Conversely, the yearly low was recorded on April 20, dropping to 0.0654.

This high-to-low spread represents a total annual volatility of 0.0113 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0678 to the December average rate of 0.0761, the exchange rate registered a net change of 12.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0767 was up 12.45% compared to the 2015 peak of 0.0682, 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 384 NOK
2015 Average 306 NOK
Yearly Trough Low 327 NOK
Transaction Impact: A difference of 56.49 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0771
0.0654
JanuMarcMayJulySeptNove

ISK to NOK 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 0.0670, compared to 0.0723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0670
H2 Avg (Jul–Dec) 0.0723

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0033 NOK (High: 0.0711 / Low: 0.0678). On the other end, February was the most stable month, with a tight range of 0.0011 NOK (High: 0.0678 / Low: 0.0667).

July Spread (Volatile) ±0.0033
February Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between April and September, 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 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0761) against the same month in 2015 (average: 0.0670), the exchange rate shifted by +0.0091 (+13.61%).

2016 Avg (December) 0.0761
2015 Avg (December) 0.0670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0687 0.0666 0.0678
February 0.0678 0.0667 0.0672
March 0.0676 0.0660 0.0669
April 0.0677 0.0654 0.0664
May 0.0671 0.0658 0.0666
June 0.0682 0.0663 0.0673
July 0.0711 0.0678 0.0694
August 0.0715 0.0693 0.0704
September 0.0724 0.0700 0.0716
October 0.0732 0.0700 0.0715
November 0.0760 0.0734 0.0750
December 0.0767 0.0753 0.0761