YEARLY HIGH
0.0657 ISK
YEARLY LOW
0.0447 ISK
YEARLY AVERAGE
0.0570 ISK

2016 MNT to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MNT to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0657. Conversely, the yearly low was recorded on December 7, dropping to 0.0447.

This high-to-low spread represents a total annual volatility of 0.0210 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0651 to the December average rate of 0.0455, the exchange rate registered a net change of -30.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0657 was down 7.93% compared to the 2015 peak of 0.0714, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 328 ISK
2015 Average 335 ISK
Yearly Trough Low 223 ISK
Transaction Impact: A difference of 105.16 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0670
0.0435
JanuMarcMayJulySeptNove

MNT 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 0.0627, compared to 0.0512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.0627
H2 Avg (Jul–Dec) 0.0512

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0061 ISK (High: 0.0578 / Low: 0.0517). On the other end, January was the most stable month, with a tight range of 0.0010 ISK (High: 0.0657 / Low: 0.0646).

August Spread (Volatile) ±0.0061
January Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0062 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0651) against the same month in 2015 (average: 0.0685), the exchange rate shifted by -0.0034 (-4.94%).

2016 Avg (January) 0.0651
2015 Avg (January) 0.0685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0657 0.0646 0.0651
February 0.0645 0.0628 0.0634
March 0.0639 0.0605 0.0620
April 0.0630 0.0601 0.0616
May 0.0627 0.0604 0.0616
June 0.0647 0.0616 0.0627
July 0.0620 0.0580 0.0604
August 0.0578 0.0517 0.0542
September 0.0527 0.0500 0.0513
October 0.0505 0.0478 0.0495
November 0.0472 0.0456 0.0462
December 0.0462 0.0447 0.0455