YEARLY HIGH
1.8591 ISK
YEARLY LOW
1.5939 ISK
YEARLY AVERAGE
1.7271 ISK

2016 KGS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KGS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 27, valuing the pair at 1.8591. Conversely, the yearly low was recorded on December 7, dropping to 1.5939.

This high-to-low spread represents a total annual volatility of 0.2652 ISK. From a start-to-finish perspective, comparing the January average rate of 1.7122 to the December average rate of 1.6261, the exchange rate registered a net change of -5.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.8591 was down 20.04% compared to the 2015 peak of 2.3249, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,295 ISK
2015 Average 10,308 ISK
Yearly Trough Low 7,970 ISK
Transaction Impact: A difference of 1,325.93 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.8359
1.6070
JanuMarcMayJulySeptNove

KGS to ISK 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 1.7660, compared to 1.6881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0779 points.

H1 Avg (Jan–Jun) 1.7660
H2 Avg (Jul–Dec) 1.6881

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0735 ISK (High: 1.8305 / Low: 1.7570). On the other end, January was the most stable month, with a tight range of 0.0231 ISK (High: 1.7261 / Low: 1.7030).

April Spread (Volatile) ±0.0735
January Spread (Stable) ±0.0231

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0907 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0907

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 1.8168) against the same month in 2015 (average: 2.2105), the exchange rate shifted by -0.3936 (-17.81%).

2016 Avg (June) 1.8168
2015 Avg (June) 2.2105

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7261 1.7030 1.7122
February 1.7419 1.6788 1.7106
March 1.7727 1.7316 1.7515
April 1.8305 1.7570 1.7962
May 1.8374 1.7763 1.8090
June 1.8591 1.7895 1.8168
July 1.8279 1.7602 1.8116
August 1.7596 1.6912 1.7209
September 1.6847 1.6580 1.6705
October 1.6850 1.6440 1.6714
November 1.6415 1.6090 1.6283
December 1.6544 1.5939 1.6261