YEARLY HIGH
13.2083 ISK
YEARLY LOW
11.0147 ISK
YEARLY AVERAGE
12.3250 ISK

2016 MAD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MAD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 13.2083. Conversely, the yearly low was recorded on December 6, dropping to 11.0147.

This high-to-low spread represents a total annual volatility of 2.1936 ISK. From a start-to-finish perspective, comparing the January average rate of 13.1183 to the December average rate of 11.1350, the exchange rate registered a net change of -15.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 13.2083 was down 6.37% compared to the 2015 peak of 14.1065, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,042 ISK
2015 Average 67,629 ISK
Yearly Trough Low 55,074 ISK
Transaction Impact: A difference of 10,967.89 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

13.3166
10.9367
JanuMarcMayJulySeptNove

MAD 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 12.9165, compared to 11.7336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1829 points.

H1 Avg (Jan–Jun) 12.9165
H2 Avg (Jul–Dec) 11.7336

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.3612 ISK (High: 12.3096 / Low: 11.9484). On the other end, February was the most stable month, with a tight range of 0.1109 ISK (High: 13.1576 / Low: 13.0468).

August Spread (Volatile) ±0.3612
February Spread (Stable) ±0.1109

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 October and November, when the average rate fell by 0.3512 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.3512

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 13.1183) against the same month in 2015 (average: 14.0341), the exchange rate shifted by -0.9158 (-6.53%).

2016 Avg (January) 13.1183
2015 Avg (January) 14.0341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.2083 13.0404 13.1183
February 13.1576 13.0468 13.0931
March 13.1263 12.8355 12.9724
April 12.8985 12.7714 12.8334
May 12.8850 12.7233 12.7813
June 12.8159 12.5694 12.7004
July 12.5682 12.2520 12.4357
August 12.3096 11.9484 12.1353
September 11.9171 11.7414 11.8113
October 11.7551 11.4516 11.6177
November 11.3922 11.1380 11.2664
December 11.2608 11.0147 11.1350