2016 KGS to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 KGS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |