YEARLY HIGH
47.6424 ZMK
YEARLY LOW
40.0949 ZMK
YEARLY AVERAGE
43.5877 ZMK

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 238,212 ZMK
2015 Average 199,303 ZMK
Yearly Trough Low 200,474 ZMK
Transaction Impact: A difference of 37,737.65 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

47.4232
39.7849
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 41.7383
H2 Avg (Jul–Dec) 45.4371

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±1.9668
January Spread (Stable) ±0.5522

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 0.1404 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.1404

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (December) 46.6463
2015 Avg (December) 40.5313

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