YEARLY HIGH
14.9629 ISK
YEARLY LOW
12.6026 ISK
YEARLY AVERAGE
13.8112 ISK

2016 SVC to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SVC to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 14.9629. Conversely, the yearly low was recorded on November 9, dropping to 12.6026.

This high-to-low spread represents a total annual volatility of 2.3604 ISK. From a start-to-finish perspective, comparing the January average rate of 14.8581 to the December average rate of 12.8721, the exchange rate registered a net change of -13.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 14.9629 was down 6.04% compared to the 2015 peak of 15.9247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74,815 ISK
2015 Average 75,378 ISK
Yearly Trough Low 63,013 ISK
Transaction Impact: A difference of 11,801.81 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

15.0604
12.6324
JanuMarcMayJulySeptNove

SVC 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 14.4004, compared to 13.2219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1786 points.

H1 Avg (Jan–Jun) 14.4004
H2 Avg (Jul–Dec) 13.2219

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.6813 ISK (High: 14.8400 / Low: 14.1587). On the other end, October was the most stable month, with a tight range of 0.1825 ISK (High: 13.1188 / Low: 12.9362).

March Spread (Volatile) ±0.6813
October Spread (Stable) ±0.1825

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 0.4429 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4429

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 14.8581) against the same month in 2015 (average: 15.0068), the exchange rate shifted by -0.1487 (-0.99%).

2016 Avg (January) 14.8581
2015 Avg (January) 15.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.9629 14.7719 14.8581
February 14.8079 14.4625 14.6429
March 14.8400 14.1587 14.4851
April 14.3007 14.0228 14.1731
May 14.3210 13.8948 14.1386
June 14.3623 13.8613 14.1048
July 14.0650 13.6702 13.9429
August 13.7660 13.2833 13.5001
September 13.2839 13.0490 13.1288
October 13.1188 12.9362 13.0526
November 12.9715 12.6026 12.8348
December 13.1185 12.6147 12.8721