YEARLY HIGH
32.8090 ISK
YEARLY LOW
14.7432 ISK
YEARLY AVERAGE
21.2095 ISK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 164,045 ISK
2015 Average 198,127 ISK
Yearly Trough Low 73,716 ISK
Transaction Impact: A difference of 90,329.05 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

34.2731
13.5659
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 26.4679
H2 Avg (Jul–Dec) 15.9510

Volatility Range Comparison

Volatility

The 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).

April Spread (Volatile) ±2.8640
January Spread (Stable) ±0.4392

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 March and April, when the average rate fell by 8.3996 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -8.3996

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (January) 32.5475
2015 Avg (January) 39.8583

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