YEARLY HIGH
0.3809 ISK
YEARLY LOW
0.3239 ISK
YEARLY AVERAGE
0.3532 ISK

2016 KZT to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KZT to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.3809. Conversely, the yearly low was recorded on November 9, dropping to 0.3239.

This high-to-low spread represents a total annual volatility of 0.0571 ISK. From a start-to-finish perspective, comparing the January average rate of 0.3591 to the December average rate of 0.3368, the exchange rate registered a net change of -6.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3809 was down 49.44% compared to the 2015 peak of 0.7534, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,905 ISK
2015 Average 3,117 ISK
Yearly Trough Low 1,619 ISK
Transaction Impact: A difference of 285.35 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3762
0.3261
JanuMarcMayJulySeptNove

KZT 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 0.3648, compared to 0.3415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 0.3648
H2 Avg (Jul–Dec) 0.3415

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0430 ISK (High: 0.3809 / Low: 0.3380). On the other end, September was the most stable month, with a tight range of 0.0045 ISK (High: 0.3410 / Low: 0.3366).

January Spread (Volatile) ±0.0430
September Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0137 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.3591) against the same month in 2015 (average: 0.7149), the exchange rate shifted by -0.3558 (-49.77%).

2016 Avg (January) 0.3591
2015 Avg (January) 0.7149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3809 0.3380 0.3591
February 0.3701 0.3459 0.3573
March 0.3751 0.3588 0.3666
April 0.3745 0.3579 0.3677
May 0.3763 0.3681 0.3720
June 0.3701 0.3611 0.3662
July 0.3647 0.3394 0.3569
August 0.3455 0.3381 0.3432
September 0.3410 0.3366 0.3388
October 0.3467 0.3378 0.3434
November 0.3373 0.3239 0.3303
December 0.3451 0.3286 0.3368