YEARLY HIGH
28.1655 COP
YEARLY LOW
23.3006 COP
YEARLY AVERAGE
25.3079 COP

2016 ISK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 28.1655. Conversely, the yearly low was recorded on May 1, dropping to 23.3006.

This high-to-low spread represents a total annual volatility of 4.8649 COP. From a start-to-finish perspective, comparing the January average rate of 25.2412 to the December average rate of 26.7457, the exchange rate registered a net change of 5.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 28.1655 was up 7.86% compared to the 2015 peak of 26.1129, 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 140,828 COP
2015 Average 104,274 COP
Yearly Trough Low 116,503 COP
Transaction Impact: A difference of 24,324.44 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

28.0628
23.8306
JanuMarcMayJulySeptNove

ISK to COP 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 24.7943, compared to 25.8216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0274 points.

H1 Avg (Jan–Jun) 24.7943
H2 Avg (Jul–Dec) 25.8216

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 1.8285 COP (High: 25.7038 / Low: 23.8753). On the other end, September was the most stable month, with a tight range of 0.8883 COP (High: 25.7946 / Low: 24.9064).

July Spread (Volatile) ±1.8285
September Spread (Stable) ±0.8883

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.5321 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.5321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 27.7101) against the same month in 2015 (average: 22.9286), the exchange rate shifted by +4.7815 (+20.85%).

2016 Avg (November) 27.7101
2015 Avg (November) 22.9286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.8769 24.4799 25.2412
February 26.9380 25.5738 26.2177
March 25.2408 24.1875 24.6856
April 25.0270 23.3604 24.1833
May 24.6762 23.3006 24.2277
June 24.9097 23.4943 24.2101
July 25.7038 23.8753 24.3213
August 25.9329 24.5398 25.0290
September 25.7946 24.9064 25.4360
October 26.4844 25.1822 25.6875
November 28.1655 26.9363 27.7101
December 27.6719 26.0921 26.7457