YEARLY HIGH
31.9363 ISK
YEARLY LOW
26.1298 ISK
YEARLY AVERAGE
29.7832 ISK

2016 RON to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RON to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 31.9363. Conversely, the yearly low was recorded on December 24, dropping to 26.1298.

This high-to-low spread represents a total annual volatility of 5.8066 ISK. From a start-to-finish perspective, comparing the January average rate of 31.1570 to the December average rate of 26.2670, the exchange rate registered a net change of -15.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 31.9363 was down 7.08% compared to the 2015 peak of 34.3715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159,682 ISK
2015 Average 164,596 ISK
Yearly Trough Low 130,649 ISK
Transaction Impact: A difference of 29,032.88 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

32.2533
25.7228
JanuMarcMayJulySeptNove

RON 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 31.2566, compared to 28.3098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9468 points.

H1 Avg (Jan–Jun) 31.2566
H2 Avg (Jul–Dec) 28.3098

Volatility Range Comparison

Volatility

The most volatile month in 2016 was October, with a trading range of 1.3706 ISK (High: 28.8675 / Low: 27.4968). On the other end, March was the most stable month, with a tight range of 0.2785 ISK (High: 31.7176 / Low: 31.4391).

October Spread (Volatile) ±1.3706
March Spread (Stable) ±0.2785

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 October and November, when the average rate fell by 1.1578 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.1578

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 31.7091) against the same month in 2015 (average: 33.7977), the exchange rate shifted by -2.0886 (-6.18%).

2016 Avg (February) 31.7091
2015 Avg (February) 33.7977

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.3222 30.9808 31.1570
February 31.9363 31.0446 31.7091
March 31.7176 31.4391 31.5568
April 31.5893 31.2706 31.4194
May 31.3104 30.7922 31.0429
June 30.9723 30.2125 30.6545
July 30.2284 29.8250 30.0957
August 30.0823 29.2010 29.6659
September 29.1482 28.7543 28.9321
October 28.8675 27.4968 28.0280
November 27.4779 26.3568 26.8701
December 26.4863 26.1298 26.2670