YEARLY HIGH
2.2691 YER
YEARLY LOW
1.6419 YER
YEARLY AVERAGE
2.0007 YER

2016 ISK to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 2.2691. Conversely, the yearly low was recorded on January 24, dropping to 1.6419.

This high-to-low spread represents a total annual volatility of 0.6272 YER. From a start-to-finish perspective, comparing the January average rate of 1.6546 to the December average rate of 2.2217, the exchange rate registered a net change of 34.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.2691 was up 30.85% compared to the 2015 peak of 1.7341, 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 11,346 YER
2015 Average 8,161 YER
Yearly Trough Low 8,209 YER
Transaction Impact: A difference of 3,136.13 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.2845
1.5973
JanuMarcMayJulySeptNove

ISK to YER 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 1.8367, compared to 2.1646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3278 points.

H1 Avg (Jan–Jun) 1.8367
H2 Avg (Jul–Dec) 2.1646

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.3035 YER (High: 2.0380 / Low: 1.7345). On the other end, January was the most stable month, with a tight range of 0.0217 YER (High: 1.6635 / Low: 1.6419).

April Spread (Volatile) ±0.3035
January Spread (Stable) ±0.0217

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 0.0055 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.2217) against the same month in 2015 (average: 1.6598), the exchange rate shifted by +0.5619 (+33.85%).

2016 Avg (December) 2.2217
2015 Avg (December) 1.6598

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6635 1.6419 1.6546
February 1.7009 1.6599 1.6798
March 1.7364 1.6568 1.6985
April 2.0380 1.7345 1.9418
May 2.0550 1.9884 2.0204
June 2.0523 1.9903 2.0253
July 2.0904 2.0331 2.0505
August 2.1465 2.0766 2.1180
September 2.1915 2.1547 2.1784
October 2.2147 2.1798 2.1917
November 2.2601 2.2043 2.2272
December 2.2691 2.1781 2.2217