YEARLY HIGH
16.3650 ISK
YEARLY LOW
13.8053 ISK
YEARLY AVERAGE
15.1037 ISK

2016 MOP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 16.3650. Conversely, the yearly low was recorded on November 9, dropping to 13.8053.

This high-to-low spread represents a total annual volatility of 2.5597 ISK. From a start-to-finish perspective, comparing the January average rate of 16.2117 to the December average rate of 14.0880, the exchange rate registered a net change of -13.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 16.3650 was down 6.32% compared to the 2015 peak of 17.4683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,825 ISK
2015 Average 82,567 ISK
Yearly Trough Low 69,026 ISK
Transaction Impact: A difference of 12,798.37 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

16.4281
13.8305
JanuMarcMayJulySeptNove

MOP 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 15.7374, compared to 14.4701 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2673 points.

H1 Avg (Jan–Jun) 15.7374
H2 Avg (Jul–Dec) 14.4701

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.7189 ISK (High: 16.2065 / Low: 15.4876). On the other end, October was the most stable month, with a tight range of 0.2004 ISK (High: 14.3548 / Low: 14.1544).

March Spread (Volatile) ±0.7189
October Spread (Stable) ±0.2004

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 0.4832 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4832

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 16.2117) against the same month in 2015 (average: 16.4426), the exchange rate shifted by -0.2309 (-1.40%).

2016 Avg (January) 16.2117
2015 Avg (January) 16.4426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.3650 16.0932 16.2117
February 16.1768 15.7591 15.9703
March 16.2065 15.4876 15.8443
April 15.6620 15.3533 15.5131
May 15.6595 15.2022 15.4597
June 15.6868 15.1746 15.4252
July 15.3889 14.9702 15.2587
August 15.0664 14.5495 14.7755
September 14.5342 14.2837 14.3686
October 14.3548 14.1544 14.2828
November 14.1946 13.8053 14.0470
December 14.3660 13.8057 14.0880