2016 ISK to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ISK to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ISK to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 47.6424. Conversely, the yearly low was recorded on January 24, dropping to 40.0949.
This high-to-low spread represents a total annual volatility of 7.5475 ZMK. From a start-to-finish perspective, comparing the January average rate of 40.4214 to the December average rate of 46.6463, the exchange rate registered a net change of 15.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 47.6424 was up 12.53% compared to the 2015 peak of 42.3382, 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 ZMK 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 41.7383, compared to 45.4371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6989 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 1.9668 ZMK (High: 42.4342 / Low: 40.4674). On the other end, January was the most stable month, with a tight range of 0.5522 ZMK (High: 40.6471 / Low: 40.0949).
Growth Streaks & Declines
TrendsBetween 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 0.1404 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 46.6463) against the same month in 2015 (average: 40.5313), the exchange rate shifted by +6.1150 (+15.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 40.6471 | 40.0949 | 40.4214 |
| February | 41.5565 | 40.5556 | 41.0379 |
| March | 42.4342 | 40.4674 | 41.4996 |
| April | 42.8220 | 41.9860 | 42.3865 |
| May | 43.1818 | 41.9337 | 42.4874 |
| June | 43.2519 | 41.9417 | 42.5967 |
| July | 43.9145 | 42.6903 | 42.9292 |
| August | 45.0908 | 43.6461 | 44.4806 |
| September | 46.0185 | 45.2545 | 45.7469 |
| October | 46.5341 | 45.7773 | 46.0333 |
| November | 47.4971 | 46.2992 | 46.7867 |
| December | 47.6424 | 45.7504 | 46.6463 |