YEARLY HIGH
34.9038 ISK
YEARLY LOW
29.3289 ISK
YEARLY AVERAGE
32.1982 ISK

2016 SAR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SAR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 34.9038. Conversely, the yearly low was recorded on December 5, dropping to 29.3289.

This high-to-low spread represents a total annual volatility of 5.5749 ISK. From a start-to-finish perspective, comparing the January average rate of 34.6310 to the December average rate of 30.0202, the exchange rate registered a net change of -13.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 34.9038 was down 6.43% compared to the 2015 peak of 37.3030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,519 ISK
2015 Average 175,743 ISK
Yearly Trough Low 146,644 ISK
Transaction Impact: A difference of 27,874.35 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

35.1012
29.4590
JanuMarcMayJulySeptNove

SAR 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 33.5677, compared to 30.8288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7389 points.

H1 Avg (Jan–Jun) 33.5677
H2 Avg (Jul–Dec) 30.8288

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 1.6061 ISK (High: 34.6071 / Low: 33.0010). On the other end, January was the most stable month, with a tight range of 0.4594 ISK (High: 34.9038 / Low: 34.4443).

March Spread (Volatile) ±1.6061
January Spread (Stable) ±0.4594

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 1.0306 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.0306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 34.6310) against the same month in 2015 (average: 34.9945), the exchange rate shifted by -0.3635 (-1.04%).

2016 Avg (January) 34.6310
2015 Avg (January) 34.9945

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.9038 34.4443 34.6310
February 34.5405 33.7044 34.1328
March 34.6071 33.0010 33.7539
April 33.3486 32.7081 33.0458
May 33.3918 32.4304 32.9627
June 33.3889 32.3679 32.8798
July 32.7864 31.8942 32.5112
August 32.0863 31.0688 31.4806
September 30.9465 30.3964 30.6115
October 30.5898 30.0945 30.4202
November 30.2482 29.4851 29.9292
December 30.6008 29.3289 30.0202