YEARLY HIGH
0.1297 SZL
YEARLY LOW
0.1121 SZL
YEARLY AVERAGE
0.1218 SZL

2016 ISK to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.1297. Conversely, the yearly low was recorded on August 10, dropping to 0.1121.

This high-to-low spread represents a total annual volatility of 0.0176 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1252 to the December average rate of 0.1233, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1297 was up 5.46% compared to the 2015 peak of 0.1230, 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 649 SZL
2015 Average 485 SZL
Yearly Trough Low 561 SZL
Transaction Impact: A difference of 87.93 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1261
0.1156
JanuMarcMayJulySeptNove

ISK to SZL 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 0.1223, compared to 0.1212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1223
H2 Avg (Jul–Dec) 0.1212

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0118 SZL (High: 0.1239 / Low: 0.1121). On the other end, July was the most stable month, with a tight range of 0.0036 SZL (High: 0.1203 / Low: 0.1166).

August Spread (Volatile) ±0.0118
July Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0042 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1252) against the same month in 2015 (average: 0.0880), the exchange rate shifted by +0.0372 (+42.28%).

2016 Avg (January) 0.1252
2015 Avg (January) 0.0880

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1297 0.1194 0.1252
February 0.1268 0.1182 0.1235
March 0.1250 0.1190 0.1214
April 0.1230 0.1147 0.1179
May 0.1265 0.1159 0.1238
June 0.1258 0.1188 0.1223
July 0.1203 0.1166 0.1181
August 0.1239 0.1121 0.1165
September 0.1259 0.1186 0.1226
October 0.1250 0.1197 0.1221
November 0.1278 0.1200 0.1245
December 0.1255 0.1197 0.1233