YEARLY HIGH
0.0678 SRD
YEARLY LOW
0.0305 SRD
YEARLY AVERAGE
0.0514 SRD

2016 ISK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 0.0678. Conversely, the yearly low was recorded on January 24, dropping to 0.0305.

This high-to-low spread represents a total annual volatility of 0.0373 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0307 to the December average rate of 0.0654, the exchange rate registered a net change of 112.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0678 was up 119.11% compared to the 2015 peak of 0.0310, 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 339 SRD
2015 Average 127 SRD
Yearly Trough Low 152 SRD
Transaction Impact: A difference of 186.74 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0689
0.0273
JanuMarcMayJulySeptNove

ISK to SRD 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 0.0399, compared to 0.0628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0229 points.

H1 Avg (Jan–Jun) 0.0399
H2 Avg (Jul–Dec) 0.0628

Volatility Range Comparison

Volatility

The most volatile month in 2016 was October, with a trading range of 0.0070 SRD (High: 0.0669 / Low: 0.0600). On the other end, January was the most stable month, with a tight range of 0.0004 SRD (High: 0.0309 / Low: 0.0305).

October Spread (Volatile) ±0.0070
January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0020 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 0.0653) against the same month in 2015 (average: 0.0257), the exchange rate shifted by +0.0397 (+154.63%).

2016 Avg (September) 0.0653
2015 Avg (September) 0.0257

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0309 0.0305 0.0307
February 0.0316 0.0308 0.0312
March 0.0321 0.0308 0.0315
April 0.0462 0.0408 0.0430
May 0.0518 0.0453 0.0471
June 0.0577 0.0517 0.0560
July 0.0593 0.0574 0.0579
August 0.0632 0.0588 0.0609
September 0.0678 0.0620 0.0653
October 0.0669 0.0600 0.0633
November 0.0653 0.0620 0.0642
December 0.0665 0.0645 0.0654