YEARLY HIGH
0.0905 VEF
YEARLY LOW
0.0483 VEF
YEARLY AVERAGE
0.0757 VEF

2016 ISK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0905. Conversely, the yearly low was recorded on January 24, dropping to 0.0483.

This high-to-low spread represents a total annual volatility of 0.0423 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0486 to the December average rate of 0.0887, the exchange rate registered a net change of 82.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0905 was up 77.74% compared to the 2015 peak of 0.0509, 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 453 VEF
2015 Average 240 VEF
Yearly Trough Low 241 VEF
Transaction Impact: A difference of 211.39 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0929
0.0446
JanuMarcMayJulySeptNove

ISK to VEF 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 0.0650, compared to 0.0864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 0.0650
H2 Avg (Jul–Dec) 0.0864

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0036 VEF (High: 0.0905 / Low: 0.0870). On the other end, January was the most stable month, with a tight range of 0.0007 VEF (High: 0.0489 / Low: 0.0483).

December Spread (Volatile) ±0.0036
January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0887) against the same month in 2015 (average: 0.0488), the exchange rate shifted by +0.0399 (+81.91%).

2016 Avg (December) 0.0887
2015 Avg (December) 0.0488

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0489 0.0483 0.0486
February 0.0500 0.0488 0.0494
March 0.0509 0.0487 0.0500
April 0.0813 0.0797 0.0805
May 0.0820 0.0796 0.0807
June 0.0821 0.0796 0.0809
July 0.0834 0.0812 0.0819
August 0.0856 0.0829 0.0845
September 0.0874 0.0860 0.0869
October 0.0884 0.0870 0.0874
November 0.0902 0.0879 0.0889
December 0.0905 0.0870 0.0887