YEARLY HIGH
0.9088 ISK
YEARLY LOW
0.7412 ISK
YEARLY AVERAGE
0.8268 ISK

2016 LKR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LKR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.9088. Conversely, the yearly low was recorded on December 6, dropping to 0.7412.

This high-to-low spread represents a total annual volatility of 0.1676 ISK. From a start-to-finish perspective, comparing the January average rate of 0.9022 to the December average rate of 0.7550, the exchange rate registered a net change of -16.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9088 was down 13.48% compared to the 2015 peak of 1.0503, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,544 ISK
2015 Average 4,854 ISK
Yearly Trough Low 3,706 ISK
Transaction Impact: A difference of 837.85 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9169
0.7403
JanuMarcMayJulySeptNove

LKR 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 0.8664, compared to 0.7871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0792 points.

H1 Avg (Jan–Jun) 0.8664
H2 Avg (Jul–Dec) 0.7871

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0608 ISK (High: 0.8975 / Low: 0.8366). On the other end, January was the most stable month, with a tight range of 0.0126 ISK (High: 0.9088 / Low: 0.8962).

March Spread (Volatile) ±0.0608
January Spread (Stable) ±0.0126

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 0.0250 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.9022) against the same month in 2015 (average: 0.9980), the exchange rate shifted by -0.0959 (-9.60%).

2016 Avg (January) 0.9022
2015 Avg (January) 0.9980

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9088 0.8962 0.9022
February 0.8991 0.8775 0.8881
March 0.8975 0.8366 0.8701
April 0.8572 0.8407 0.8508
May 0.8523 0.8330 0.8440
June 0.8547 0.8266 0.8432
July 0.8461 0.8207 0.8360
August 0.8259 0.7971 0.8109
September 0.7991 0.7786 0.7877
October 0.7813 0.7649 0.7760
November 0.7643 0.7438 0.7573
December 0.7668 0.7412 0.7550