YEARLY HIGH
16.1983 ISK
YEARLY LOW
13.8340 ISK
YEARLY AVERAGE
15.2570 ISK

2016 SBD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SBD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 16.1983. Conversely, the yearly low was recorded on December 5, dropping to 13.8340.

This high-to-low spread represents a total annual volatility of 2.3643 ISK. From a start-to-finish perspective, comparing the January average rate of 15.9588 to the December average rate of 14.2723, the exchange rate registered a net change of -10.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 16.1983 was down 9.74% compared to the 2015 peak of 17.9462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80,992 ISK
2015 Average 83,924 ISK
Yearly Trough Low 69,170 ISK
Transaction Impact: A difference of 11,821.71 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

16.1351
14.0201
JanuMarcMayJulySeptNove

SBD 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 15.8126, compared to 14.7014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1112 points.

H1 Avg (Jan–Jun) 15.8126
H2 Avg (Jul–Dec) 14.7014

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.8550 ISK (High: 14.6890 / Low: 13.8340). On the other end, September was the most stable month, with a tight range of 0.3098 ISK (High: 14.8003 / Low: 14.4906).

December Spread (Volatile) ±0.8550
September Spread (Stable) ±0.3098

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 August and September, when the average rate fell by 0.4395 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4395

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 15.9588) against the same month in 2015 (average: 17.2766), the exchange rate shifted by -1.3178 (-7.63%).

2016 Avg (January) 15.9588
2015 Avg (January) 17.2766

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.1983 15.7313 15.9588
February 15.9293 15.5203 15.7556
March 16.1242 15.6202 15.8804
April 15.8736 15.4736 15.6270
May 16.0569 15.5959 15.8541
June 16.0570 15.5139 15.7998
July 15.6646 15.1467 15.4531
August 15.3444 14.8571 15.0879
September 14.8003 14.4906 14.6484
October 14.6248 14.3087 14.5504
November 14.4120 14.0326 14.1963
December 14.6890 13.8340 14.2723