YEARLY HIGH
0.0429 ISK
YEARLY LOW
0.0355 ISK
YEARLY AVERAGE
0.0396 ISK

2016 COP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the COP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0429. Conversely, the yearly low was recorded on November 29, dropping to 0.0355.

This high-to-low spread represents a total annual volatility of 0.0074 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0396 to the December average rate of 0.0374, the exchange rate registered a net change of -5.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0429 was down 24.25% compared to the 2015 peak of 0.0567, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 214,586 ISK
2015 Average 243,133 ISK
Yearly Trough Low 177,522 ISK
Transaction Impact: A difference of 37,064.44 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0419
0.0356
JanuMarcMayJulySeptNove

COP 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 0.0404, compared to 0.0388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0404
H2 Avg (Jul–Dec) 0.0388

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0030 ISK (High: 0.0419 / Low: 0.0389). On the other end, September was the most stable month, with a tight range of 0.0014 ISK (High: 0.0402 / Low: 0.0388).

July Spread (Volatile) ±0.0030
September Spread (Stable) ±0.0014

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 0.0028 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0413) against the same month in 2015 (average: 0.0543), the exchange rate shifted by -0.0131 (-24.04%).

2016 Avg (May) 0.0413
2015 Avg (May) 0.0543

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0408 0.0386 0.0396
February 0.0391 0.0371 0.0382
March 0.0413 0.0396 0.0405
April 0.0428 0.0400 0.0414
May 0.0429 0.0405 0.0413
June 0.0426 0.0401 0.0413
July 0.0419 0.0389 0.0411
August 0.0408 0.0386 0.0400
September 0.0402 0.0388 0.0393
October 0.0397 0.0378 0.0389
November 0.0371 0.0355 0.0361
December 0.0383 0.0361 0.0374