YEARLY HIGH
0.0723 SBD
YEARLY LOW
0.0617 SBD
YEARLY AVERAGE
0.0657 SBD

2016 ISK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0723. Conversely, the yearly low was recorded on January 6, dropping to 0.0617.

This high-to-low spread represents a total annual volatility of 0.0106 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0627 to the December average rate of 0.0701, the exchange rate registered a net change of 11.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0723 was up 12.07% compared to the 2015 peak of 0.0645, 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 361 SBD
2015 Average 298 SBD
Yearly Trough Low 309 SBD
Transaction Impact: A difference of 52.75 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0712
0.0619
JanuMarcMayJulySeptNove

ISK to SBD 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 0.0632, compared to 0.0681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0632
H2 Avg (Jul–Dec) 0.0681

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0042 SBD (High: 0.0723 / Low: 0.0681). On the other end, September was the most stable month, with a tight range of 0.0014 SBD (High: 0.0690 / Low: 0.0676).

December Spread (Volatile) ±0.0042
September Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0009 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0701) against the same month in 2015 (average: 0.0625), the exchange rate shifted by +0.0076 (+12.17%).

2016 Avg (December) 0.0701
2015 Avg (December) 0.0625

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0636 0.0617 0.0627
February 0.0644 0.0628 0.0635
March 0.0640 0.0620 0.0630
April 0.0646 0.0630 0.0640
May 0.0641 0.0623 0.0631
June 0.0645 0.0623 0.0633
July 0.0660 0.0638 0.0647
August 0.0673 0.0652 0.0663
September 0.0690 0.0676 0.0683
October 0.0699 0.0684 0.0687
November 0.0713 0.0694 0.0704
December 0.0723 0.0681 0.0701