YEARLY HIGH
0.9500 PKR
YEARLY LOW
0.8016 PKR
YEARLY AVERAGE
0.8692 PKR

2016 ISK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.9500. Conversely, the yearly low was recorded on January 6, dropping to 0.8016.

This high-to-low spread represents a total annual volatility of 0.1484 PKR. From a start-to-finish perspective, comparing the January average rate of 0.8073 to the December average rate of 0.9306, the exchange rate registered a net change of 15.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9500 was up 12.86% compared to the 2015 peak of 0.8417, 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 4,750 PKR
2015 Average 3,899 PKR
Yearly Trough Low 4,008 PKR
Transaction Impact: A difference of 742.03 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9464
0.7947
JanuMarcMayJulySeptNove

ISK to PKR 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 0.8321, compared to 0.9064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0743 points.

H1 Avg (Jan–Jun) 0.8321
H2 Avg (Jul–Dec) 0.9064

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0393 PKR (High: 0.8464 / Low: 0.8071). On the other end, January was the most stable month, with a tight range of 0.0107 PKR (High: 0.8123 / Low: 0.8016).

March Spread (Volatile) ±0.0393
January Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0031 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.9306) against the same month in 2015 (average: 0.8083), the exchange rate shifted by +0.1223 (+15.13%).

2016 Avg (December) 0.9306
2015 Avg (December) 0.8083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8123 0.8016 0.8073
February 0.8276 0.8079 0.8174
March 0.8464 0.8071 0.8270
April 0.8543 0.8376 0.8451
May 0.8609 0.8360 0.8473
June 0.8630 0.8356 0.8482
July 0.8765 0.8516 0.8595
August 0.9001 0.8686 0.8869
September 0.9179 0.9010 0.9105
October 0.9276 0.9128 0.9172
November 0.9472 0.9247 0.9337
December 0.9500 0.9132 0.9306