YEARLY HIGH
0.1752 ISK
YEARLY LOW
0.1344 ISK
YEARLY AVERAGE
0.1553 ISK

2016 RWF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RWF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1752. Conversely, the yearly low was recorded on December 6, dropping to 0.1344.

This high-to-low spread represents a total annual volatility of 0.0409 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1735 to the December average rate of 0.1365, the exchange rate registered a net change of -21.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1752 was down 12.72% compared to the 2015 peak of 0.2007, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 876 ISK
2015 Average 927 ISK
Yearly Trough Low 672 ISK
Transaction Impact: A difference of 204.28 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1772
0.1327
JanuMarcMayJulySeptNove

RWF 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 0.1662, compared to 0.1443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.1662
H2 Avg (Jul–Dec) 0.1443

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0154 ISK (High: 0.1688 / Low: 0.1533). On the other end, September was the most stable month, with a tight range of 0.0027 ISK (High: 0.1447 / Low: 0.1419).

June Spread (Volatile) ±0.0154
September Spread (Stable) ±0.0027

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 0.0092 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1735) against the same month in 2015 (average: 0.1901), the exchange rate shifted by -0.0166 (-8.74%).

2016 Avg (January) 0.1735
2015 Avg (January) 0.1901

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1752 0.1722 0.1735
February 0.1728 0.1675 0.1698
March 0.1704 0.1631 0.1670
April 0.1653 0.1605 0.1627
May 0.1677 0.1595 0.1625
June 0.1688 0.1533 0.1618
July 0.1632 0.1529 0.1581
August 0.1531 0.1442 0.1489
September 0.1447 0.1419 0.1433
October 0.1436 0.1385 0.1415
November 0.1390 0.1359 0.1375
December 0.1389 0.1344 0.1365