YEARLY HIGH
1.2476 ISK
YEARLY LOW
1.0527 ISK
YEARLY AVERAGE
1.1533 ISK

2016 PKR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.2476. Conversely, the yearly low was recorded on December 6, dropping to 1.0527.

This high-to-low spread represents a total annual volatility of 0.1949 ISK. From a start-to-finish perspective, comparing the January average rate of 1.2387 to the December average rate of 1.0747, the exchange rate registered a net change of -13.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2476 was down 9.26% compared to the 2015 peak of 1.3748, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 623,791 ISK
2015 Average 641,915 ISK
Yearly Trough Low 526,340 ISK
Transaction Impact: A difference of 97,450.81 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2555
1.0543
JanuMarcMayJulySeptNove

PKR 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 1.2024, compared to 1.1043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0981 points.

H1 Avg (Jan–Jun) 1.2024
H2 Avg (Jul–Dec) 1.1043

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0576 ISK (High: 1.2390 / Low: 1.1814). On the other end, January was the most stable month, with a tight range of 0.0165 ISK (High: 1.2476 / Low: 1.2311).

March Spread (Volatile) ±0.0576
January Spread (Stable) ±0.0165

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 0.0358 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.2387) against the same month in 2015 (average: 1.3038), the exchange rate shifted by -0.0651 (-4.99%).

2016 Avg (January) 1.2387
2015 Avg (January) 1.3038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2476 1.2311 1.2387
February 1.2378 1.2084 1.2234
March 1.2390 1.1814 1.2094
April 1.1939 1.1705 1.1833
May 1.1962 1.1616 1.1803
June 1.1968 1.1587 1.1790
July 1.1742 1.1409 1.1636
August 1.1513 1.1110 1.1277
September 1.1098 1.0895 1.0983
October 1.0955 1.0780 1.0903
November 1.0814 1.0557 1.0710
December 1.0951 1.0527 1.0747