YEARLY HIGH
0.4239 ISK
YEARLY LOW
0.3079 ISK
YEARLY AVERAGE
0.3446 ISK

2016 MRO to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MRO to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.4239. Conversely, the yearly low was recorded on November 9, dropping to 0.3079.

This high-to-low spread represents a total annual volatility of 0.1161 ISK. From a start-to-finish perspective, comparing the January average rate of 0.3889 to the December average rate of 0.3145, the exchange rate registered a net change of -19.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4239 was down 11.83% compared to the 2015 peak of 0.4808, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,120 ISK
2015 Average 2,135 ISK
Yearly Trough Low 1,539 ISK
Transaction Impact: A difference of 580.29 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3964
0.3065
JanuMarcMayJulySeptNove

MRO 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 0.3647, compared to 0.3245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0402 points.

H1 Avg (Jan–Jun) 0.3647
H2 Avg (Jul–Dec) 0.3245

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0474 ISK (High: 0.4239 / Low: 0.3765). On the other end, October was the most stable month, with a tight range of 0.0054 ISK (High: 0.3222 / Low: 0.3167).

January Spread (Volatile) ±0.0474
October Spread (Stable) ±0.0054

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 January and February, when the average rate fell by 0.0144 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.3889) against the same month in 2015 (average: 0.4512), the exchange rate shifted by -0.0623 (-13.81%).

2016 Avg (January) 0.3889
2015 Avg (January) 0.4512

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4239 0.3765 0.3889
February 0.3847 0.3685 0.3745
March 0.3776 0.3607 0.3683
April 0.3611 0.3540 0.3585
May 0.3565 0.3476 0.3515
June 0.3524 0.3399 0.3466
July 0.3471 0.3372 0.3435
August 0.3398 0.3260 0.3322
September 0.3266 0.3206 0.3227
October 0.3222 0.3167 0.3200
November 0.3174 0.3079 0.3140
December 0.3201 0.3083 0.3145