YEARLY HIGH
1.1683 ISK
YEARLY LOW
0.9555 ISK
YEARLY AVERAGE
1.0868 ISK

2016 RSD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RSD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 1.1683. Conversely, the yearly low was recorded on December 11, dropping to 0.9555.

This high-to-low spread represents a total annual volatility of 0.2127 ISK. From a start-to-finish perspective, comparing the January average rate of 1.1518 to the December average rate of 0.9622, the exchange rate registered a net change of -16.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1683 was down 8.66% compared to the 2015 peak of 1.2790, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,841 ISK
2015 Average 6,062 ISK
Yearly Trough Low 4,778 ISK
Transaction Impact: A difference of 1,063.65 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1769
0.9427
JanuMarcMayJulySeptNove

RSD 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 1.1430, compared to 1.0307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1123 points.

H1 Avg (Jan–Jun) 1.1430
H2 Avg (Jul–Dec) 1.0307

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0370 ISK (High: 1.0038 / Low: 0.9668). On the other end, March was the most stable month, with a tight range of 0.0077 ISK (High: 1.1476 / Low: 1.1399).

November Spread (Volatile) ±0.0370
March Spread (Stable) ±0.0077

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 0.0385 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1.1574) against the same month in 2015 (average: 1.2357), the exchange rate shifted by -0.0783 (-6.33%).

2016 Avg (February) 1.1574
2015 Avg (February) 1.2357

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1605 1.1462 1.1518
February 1.1683 1.1436 1.1574
March 1.1476 1.1399 1.1446
April 1.1502 1.1394 1.1443
May 1.1448 1.1282 1.1367
June 1.1356 1.1079 1.1234
July 1.1085 1.0800 1.0948
August 1.0874 1.0563 1.0740
September 1.0535 1.0390 1.0449
October 1.0424 1.0076 1.0233
November 1.0038 0.9668 0.9847
December 0.9731 0.9555 0.9622