2016 LTL to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 LTL to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the LTL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 42.2751. Conversely, the yearly low was recorded on December 11, dropping to 34.0761.
This high-to-low spread represents a total annual volatility of 8.1990 ISK. From a start-to-finish perspective, comparing the January average rate of 41.7783 to the December average rate of 34.3660, the exchange rate registered a net change of -17.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 42.2751 was down 11.37% compared to the 2015 peak of 47.7000, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LTL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
LTL to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 41.1910, compared to 37.1386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.0523 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 1.7733 ISK (High: 36.2303 / Low: 34.4570). On the other end, April was the most stable month, with a tight range of 0.5615 ISK (High: 41.2528 / Low: 40.6913).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.6282 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 41.7783) against the same month in 2015 (average: 44.6912), the exchange rate shifted by -2.9129 (-6.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 42.2751 | 41.5457 | 41.7783 |
| February | 42.1319 | 41.3064 | 41.7231 |
| March | 41.7048 | 40.7807 | 41.3096 |
| April | 41.2528 | 40.6913 | 40.9783 |
| May | 41.1364 | 40.4374 | 40.8277 |
| June | 41.0273 | 39.8200 | 40.5288 |
| July | 39.8849 | 38.8924 | 39.5351 |
| August | 39.1732 | 38.2820 | 38.6555 |
| September | 38.1458 | 37.2980 | 37.7504 |
| October | 37.6107 | 36.4490 | 37.0765 |
| November | 36.2303 | 34.4570 | 35.4484 |
| December | 34.7061 | 34.0761 | 34.3660 |