2016 SRD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SRD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SRD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 32.8090. Conversely, the yearly low was recorded on September 22, dropping to 14.7432.
This high-to-low spread represents a total annual volatility of 18.0658 ISK. From a start-to-finish perspective, comparing the January average rate of 32.5475 to the December average rate of 15.2915, the exchange rate registered a net change of -53.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 32.8090 was down 23.04% compared to the 2015 peak of 42.6309, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SRD to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 26.4679, compared to 15.9510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.5169 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was April, with a trading range of 2.8640 ISK (High: 24.5056 / Low: 21.6417). On the other end, January was the most stable month, with a tight range of 0.4392 ISK (High: 32.8090 / Low: 32.3698).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 8.3996 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 32.5475) against the same month in 2015 (average: 39.8583), the exchange rate shifted by -7.3107 (-18.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.8090 | 32.3698 | 32.5475 |
| February | 32.4428 | 31.6614 | 32.0648 |
| March | 32.5070 | 31.1336 | 31.7250 |
| April | 24.5056 | 21.6417 | 23.3254 |
| May | 22.0663 | 19.3006 | 21.2726 |
| June | 19.3585 | 17.3356 | 17.8722 |
| July | 17.4358 | 16.8652 | 17.2683 |
| August | 17.0100 | 15.8234 | 16.4318 |
| September | 16.1264 | 14.7432 | 15.3217 |
| October | 16.6777 | 14.9387 | 15.8198 |
| November | 16.1290 | 15.3041 | 15.5729 |
| December | 15.5077 | 15.0476 | 15.2915 |