YEARLY HIGH
0.1105 ISK
YEARLY LOW
0.0935 ISK
YEARLY AVERAGE
0.1040 ISK

2016 KRW to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KRW to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1105. Conversely, the yearly low was recorded on December 30, dropping to 0.0935.

This high-to-low spread represents a total annual volatility of 0.0170 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1082 to the December average rate of 0.0951, the exchange rate registered a net change of -12.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1105 was down 12.67% compared to the 2015 peak of 0.1266, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 552,727 ISK
2015 Average 583,341 ISK
Yearly Trough Low 467,545 ISK
Transaction Impact: A difference of 85,182.11 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1095
0.0938
JanuMarcMayJulySeptNove

KRW 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 0.1065, compared to 0.1016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.1065
H2 Avg (Jul–Dec) 0.1016

Volatility Range Comparison

Volatility

The most volatile month in 2016 was October, with a trading range of 0.0052 ISK (High: 0.1037 / Low: 0.0985). On the other end, July was the most stable month, with a tight range of 0.0017 ISK (High: 0.1075 / Low: 0.1058).

October Spread (Volatile) ±0.0052
July Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1082) against the same month in 2015 (average: 0.1207), the exchange rate shifted by -0.0125 (-10.36%).

2016 Avg (January) 0.1082
2015 Avg (January) 0.1207

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1105 0.1064 0.1082
February 0.1075 0.1039 0.1051
March 0.1084 0.1050 0.1069
April 0.1095 0.1069 0.1080
May 0.1071 0.1045 0.1052
June 0.1066 0.1041 0.1055
July 0.1075 0.1058 0.1069
August 0.1083 0.1040 0.1062
September 0.1050 0.1017 0.1035
October 0.1037 0.0985 0.1013
November 0.0982 0.0958 0.0965
December 0.0968 0.0935 0.0951