YEARLY HIGH
38.3395 ISK
YEARLY LOW
32.2792 ISK
YEARLY AVERAGE
35.7952 ISK

2016 PEN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 38.3395. Conversely, the yearly low was recorded on December 6, dropping to 32.2792.

This high-to-low spread represents a total annual volatility of 6.0603 ISK. From a start-to-finish perspective, comparing the January average rate of 37.8240 to the December average rate of 33.1562, the exchange rate registered a net change of -12.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 38.3395 was down 15.04% compared to the 2015 peak of 45.1260, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 191,697 ISK
2015 Average 207,400 ISK
Yearly Trough Low 161,396 ISK
Transaction Impact: A difference of 30,301.45 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

38.3056
32.5275
JanuMarcMayJulySeptNove

PEN 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 37.2248, compared to 34.3656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8593 points.

H1 Avg (Jan–Jun) 37.2248
H2 Avg (Jul–Dec) 34.3656

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 1.8799 ISK (High: 34.1591 / Low: 32.2792). On the other end, September was the most stable month, with a tight range of 0.5561 ISK (High: 34.2682 / Low: 33.7121).

December Spread (Volatile) ±1.8799
September Spread (Stable) ±0.5561

Growth Streaks & Declines

Trends

Between February and April, 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 1.4793 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 37.8240) against the same month in 2015 (average: 43.7383), the exchange rate shifted by -5.9143 (-13.52%).

2016 Avg (January) 37.8240
2015 Avg (January) 43.7383

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.3395 37.4055 37.8240
February 37.1496 36.0300 36.5176
March 37.6980 36.7987 37.1865
April 38.3008 36.5544 37.5296
May 37.4666 36.6691 37.1185
June 37.9917 36.7298 37.1728
July 37.5096 35.6573 36.9093
August 36.1822 34.4459 35.4300
September 34.2682 33.7121 33.9805
October 34.0781 33.4687 33.7083
November 33.3002 32.6810 33.0090
December 34.1591 32.2792 33.1562