2016 ISK to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ISK to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ISK to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 52.9205. Conversely, the yearly low was recorded on March 2, dropping to 43.9647.
This high-to-low spread represents a total annual volatility of 8.9559 PYG. From a start-to-finish perspective, comparing the January average rate of 45.3604 to the December average rate of 51.4325, the exchange rate registered a net change of 13.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 52.9205 was up 16.27% compared to the 2015 peak of 45.5147, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ISK to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 45.3477, compared to 48.8589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5112 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was December, with a trading range of 2.9914 PYG (High: 52.9205 / Low: 49.9291). On the other end, May was the most stable month, with a tight range of 0.8143 PYG (High: 45.7886 / Low: 44.9743).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 0.2940 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 51.4325) against the same month in 2015 (average: 44.6930), the exchange rate shifted by +6.7396 (+15.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45.8195 | 44.7045 | 45.3604 |
| February | 46.2487 | 44.2009 | 45.3099 |
| March | 45.7416 | 43.9647 | 45.0159 |
| April | 45.7872 | 44.2317 | 45.0226 |
| May | 45.7886 | 44.9743 | 45.4917 |
| June | 46.6807 | 45.0885 | 45.8859 |
| July | 46.5802 | 45.5263 | 45.8767 |
| August | 47.5837 | 45.9733 | 46.8829 |
| September | 48.8743 | 47.5950 | 48.3784 |
| October | 50.4925 | 48.3885 | 49.2110 |
| November | 52.1207 | 50.8175 | 51.3721 |
| December | 52.9205 | 49.9291 | 51.4325 |