YEARLY HIGH
0.0867 ISK
YEARLY LOW
0.0731 ISK
YEARLY AVERAGE
0.0800 ISK

2016 LBP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LBP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0867. Conversely, the yearly low was recorded on December 7, dropping to 0.0731.

This high-to-low spread represents a total annual volatility of 0.0136 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0860 to the December average rate of 0.0746, the exchange rate registered a net change of -13.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0867 was down 6.73% compared to the 2015 peak of 0.0930, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 433 ISK
2015 Average 437 ISK
Yearly Trough Low 365 ISK
Transaction Impact: A difference of 68.18 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0872
0.0732
JanuMarcMayJulySeptNove

LBP 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 0.0834, compared to 0.0766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.0834
H2 Avg (Jul–Dec) 0.0766

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0039 ISK (High: 0.0860 / Low: 0.0821). On the other end, October was the most stable month, with a tight range of 0.0010 ISK (High: 0.0759 / Low: 0.0749).

March Spread (Volatile) ±0.0039
October Spread (Stable) ±0.0010

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 0.0026 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0860) against the same month in 2015 (average: 0.0869), the exchange rate shifted by -0.0009 (-1.05%).

2016 Avg (January) 0.0860
2015 Avg (January) 0.0869

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0867 0.0856 0.0860
February 0.0857 0.0838 0.0848
March 0.0860 0.0821 0.0839
April 0.0828 0.0813 0.0821
May 0.0829 0.0807 0.0819
June 0.0831 0.0803 0.0817
July 0.0815 0.0792 0.0808
August 0.0798 0.0771 0.0782
September 0.0769 0.0756 0.0761
October 0.0759 0.0749 0.0756
November 0.0751 0.0732 0.0743
December 0.0762 0.0731 0.0746