YEARLY HIGH
1.9392 SYP
YEARLY LOW
1.6790 SYP
YEARLY AVERAGE
1.8004 SYP

2016 ISK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 1.9392. Conversely, the yearly low was recorded on January 24, dropping to 1.6790.

This high-to-low spread represents a total annual volatility of 0.2602 SYP. From a start-to-finish perspective, comparing the January average rate of 1.6931 to the December average rate of 1.8965, the exchange rate registered a net change of 12.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9392 was up 11.94% compared to the 2015 peak of 1.7323, 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 9,696 SYP
2015 Average 7,386 SYP
Yearly Trough Low 8,395 SYP
Transaction Impact: A difference of 1,300.75 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.9263
1.6719
JanuMarcMayJulySeptNove

ISK to SYP 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 1.7448, compared to 1.8559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1111 points.

H1 Avg (Jan–Jun) 1.7448
H2 Avg (Jul–Dec) 1.8559

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0815 SYP (High: 1.9392 / Low: 1.8577). On the other end, January was the most stable month, with a tight range of 0.0230 SYP (High: 1.7021 / Low: 1.6790).

December Spread (Volatile) ±0.0815
January Spread (Stable) ±0.0230

Growth Streaks & Declines

Trends

Between January and June, 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 November and December, when the average rate fell by 0.0086 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.8965) against the same month in 2015 (average: 1.7023), the exchange rate shifted by +0.1942 (+11.41%).

2016 Avg (December) 1.8965
2015 Avg (December) 1.7023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7021 1.6790 1.6931
February 1.7384 1.6972 1.7174
March 1.7744 1.6939 1.7361
April 1.7896 1.7552 1.7716
May 1.8048 1.7508 1.7750
June 1.8024 1.7477 1.7756
July 1.8014 1.7579 1.7715
August 1.8438 1.7882 1.8208
September 1.8748 1.8482 1.8659
October 1.8961 1.8652 1.8756
November 1.9361 1.8844 1.9051
December 1.9392 1.8577 1.8965