YEARLY HIGH
431.6704 ISK
YEARLY LOW
361.5444 ISK
YEARLY AVERAGE
399.6498 ISK

2016 KWD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KWD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 431.6704. Conversely, the yearly low was recorded on December 7, dropping to 361.5444.

This high-to-low spread represents a total annual volatility of 70.1260 ISK. From a start-to-finish perspective, comparing the January average rate of 427.3991 to the December average rate of 368.5881, the exchange rate registered a net change of -13.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 431.6704 was down 7.41% compared to the 2015 peak of 466.1928, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,158,352 ISK
2015 Average 2,190,434 ISK
Yearly Trough Low 1,807,722 ISK
Transaction Impact: A difference of 350,629.84 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

433.2802
362.7070
JanuMarcMayJulySeptNove

KWD 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 417.3762, compared to 381.9234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 35.4528 points.

H1 Avg (Jan–Jun) 417.3762
H2 Avg (Jul–Dec) 381.9234

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 21.6437 ISK (High: 431.6704 / Low: 410.0267). On the other end, January was the most stable month, with a tight range of 5.6740 ISK (High: 430.1329 / Low: 424.4589).

March Spread (Volatile) ±21.6437
January Spread (Stable) ±5.6740

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 12.2047 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -12.2047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 420.3853) against the same month in 2015 (average: 457.7387), the exchange rate shifted by -37.3533 (-8.16%).

2016 Avg (March) 420.3853
2015 Avg (March) 457.7387

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 430.1329 424.4589 427.3991
February 431.0737 422.4008 426.8174
March 431.6704 410.0267 420.3853
April 414.3329 406.8197 410.7534
May 414.3884 404.4870 409.9756
June 414.5271 403.4983 408.9265
July 407.6495 395.8665 403.7145
August 398.7012 386.0223 391.5099
September 384.6607 378.7376 380.9692
October 378.9305 372.4884 377.2550
November 372.5004 365.7897 369.5039
December 375.1488 361.5444 368.5881