YEARLY HIGH
15.3683 ISK
YEARLY LOW
12.0483 ISK
YEARLY AVERAGE
14.1460 ISK

2016 SEK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SEK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 15.3683. Conversely, the yearly low was recorded on December 4, dropping to 12.0483.

This high-to-low spread represents a total annual volatility of 3.3200 ISK. From a start-to-finish perspective, comparing the January average rate of 15.2168 to the December average rate of 12.2235, the exchange rate registered a net change of -19.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 15.3683 was down 5.95% compared to the 2015 peak of 16.3410, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,842 ISK
2015 Average 78,170 ISK
Yearly Trough Low 60,242 ISK
Transaction Impact: A difference of 16,600.15 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

15.5535
11.9207
JanuMarcMayJulySeptNove

SEK 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 15.1066, compared to 13.1854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9211 points.

H1 Avg (Jan–Jun) 15.1066
H2 Avg (Jul–Dec) 13.1854

Volatility Range Comparison

Volatility

The most volatile month in 2016 was October, with a trading range of 0.8111 ISK (High: 13.3064 / Low: 12.4954). On the other end, March was the most stable month, with a tight range of 0.1901 ISK (High: 15.2567 / Low: 15.0666).

October Spread (Volatile) ±0.8111
March Spread (Stable) ±0.1901

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6669 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 15.2168) against the same month in 2015 (average: 16.2057), the exchange rate shifted by -0.9889 (-6.10%).

2016 Avg (January) 15.2168
2015 Avg (January) 16.2057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.3683 15.0686 15.2168
February 15.2331 14.9931 15.1082
March 15.2567 15.0666 15.1716
April 15.3444 15.1352 15.2507
May 15.2726 14.9267 15.0307
June 15.1148 14.5472 14.8613
July 14.5332 13.9301 14.2417
August 14.1209 13.6290 13.9349
September 13.5976 13.2991 13.4505
October 13.3064 12.4954 12.9644
November 12.4828 12.1631 12.2975
December 12.5434 12.0483 12.2235