YEARLY HIGH
35.9660 ISK
YEARLY LOW
30.2736 ISK
YEARLY AVERAGE
33.1668 ISK

2016 QAR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 35.9660. Conversely, the yearly low was recorded on December 7, dropping to 30.2736.

This high-to-low spread represents a total annual volatility of 5.6924 ISK. From a start-to-finish perspective, comparing the January average rate of 35.6843 to the December average rate of 30.9264, the exchange rate registered a net change of -13.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 35.9660 was down 6.41% compared to the 2015 peak of 38.4278, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 179,830 ISK
2015 Average 181,060 ISK
Yearly Trough Low 151,368 ISK
Transaction Impact: A difference of 28,462.17 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

36.1693
30.3493
JanuMarcMayJulySeptNove

QAR 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 34.5773, compared to 31.7563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8210 points.

H1 Avg (Jan–Jun) 34.5773
H2 Avg (Jul–Dec) 31.7563

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 1.6476 ISK (High: 35.6401 / Low: 33.9925). On the other end, January was the most stable month, with a tight range of 0.4753 ISK (High: 35.9660 / Low: 35.4907).

March Spread (Volatile) ±1.6476
January Spread (Stable) ±0.4753

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 1.0614 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.0614

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 35.6843) against the same month in 2015 (average: 36.0992), the exchange rate shifted by -0.4149 (-1.15%).

2016 Avg (January) 35.6843
2015 Avg (January) 36.0992

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.9660 35.4907 35.6843
February 35.5783 34.7195 35.1515
March 35.6401 33.9925 34.7618
April 34.3576 33.7013 34.0347
May 34.3924 33.4105 33.9591
June 34.3912 33.3442 33.8724
July 33.7786 32.8485 33.4862
August 33.0439 31.9984 32.4248
September 31.8736 31.3439 31.5326
October 31.5095 30.9948 31.3338
November 31.1534 30.3746 30.8343
December 31.5329 30.2736 30.9264