YEARLY HIGH
0.4504 PHP
YEARLY LOW
0.3595 PHP
YEARLY AVERAGE
0.3945 PHP

2016 ISK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.4504. Conversely, the yearly low was recorded on January 5, dropping to 0.3595.

This high-to-low spread represents a total annual volatility of 0.0910 PHP. From a start-to-finish perspective, comparing the January average rate of 0.3657 to the December average rate of 0.4421, the exchange rate registered a net change of 20.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4504 was up 20.83% compared to the 2015 peak of 0.3728, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,252 PHP
2015 Average 1,728 PHP
Yearly Trough Low 1,797 PHP
Transaction Impact: A difference of 454.77 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4497
0.3580
JanuMarcMayJulySeptNove

ISK to PHP 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 0.3725, compared to 0.4165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0440 points.

H1 Avg (Jan–Jun) 0.3725
H2 Avg (Jul–Dec) 0.4165

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0215 PHP (High: 0.4237 / Low: 0.4022). On the other end, March was the most stable month, with a tight range of 0.0081 PHP (High: 0.3717 / Low: 0.3636).

September Spread (Volatile) ±0.0215
March Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0040 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.4421) against the same month in 2015 (average: 0.3642), the exchange rate shifted by +0.0779 (+21.39%).

2016 Avg (December) 0.4421
2015 Avg (December) 0.3642

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3697 0.3595 0.3657
February 0.3765 0.3668 0.3720
March 0.3717 0.3636 0.3680
April 0.3831 0.3705 0.3740
May 0.3876 0.3727 0.3787
June 0.3827 0.3736 0.3768
July 0.3939 0.3828 0.3858
August 0.3999 0.3901 0.3949
September 0.4237 0.4022 0.4140
October 0.4294 0.4208 0.4237
November 0.4439 0.4316 0.4385
December 0.4504 0.4339 0.4421