2016 RON to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |