2016 ISK to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ISK to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ISK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 5.5605. Conversely, the yearly low was recorded on February 11, dropping to 4.6157.
This high-to-low spread represents a total annual volatility of 0.9448 XOF. From a start-to-finish perspective, comparing the January average rate of 4.6721 to the December average rate of 5.5264, the exchange rate registered a net change of 18.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 5.5605 was up 18.35% compared to the 2015 peak of 4.6982, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ISK to XOF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.6967, compared to 5.1932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4965 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 0.1904 XOF (High: 5.5102 / Low: 5.3199). On the other end, January was the most stable month, with a tight range of 0.0446 XOF (High: 4.6944 / Low: 4.6498).
Growth Streaks & Declines
TrendsBetween February and December, 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 January and February, when the average rate fell by 0.0242 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 5.5264) against the same month in 2015 (average: 4.6552), the exchange rate shifted by +0.8711 (+18.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.6944 | 4.6498 | 4.6721 |
| February | 4.6859 | 4.6157 | 4.6479 |
| March | 4.7009 | 4.6509 | 4.6811 |
| April | 4.7237 | 4.6778 | 4.6989 |
| May | 4.7465 | 4.6847 | 4.7245 |
| June | 4.8191 | 4.7226 | 4.7555 |
| July | 4.9572 | 4.8152 | 4.8802 |
| August | 5.0616 | 4.9029 | 4.9823 |
| September | 5.1549 | 5.0675 | 5.1146 |
| October | 5.3117 | 5.1468 | 5.2292 |
| November | 5.5102 | 5.3199 | 5.4262 |
| December | 5.5605 | 5.4823 | 5.5264 |