YEARLY HIGH
0.0319 TRY
YEARLY LOW
0.0225 TRY
YEARLY AVERAGE
0.0252 TRY

2016 ISK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0319. Conversely, the yearly low was recorded on January 3, dropping to 0.0225.

This high-to-low spread represents a total annual volatility of 0.0095 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0231 to the December average rate of 0.0311, the exchange rate registered a net change of 34.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0319 was up 32.97% compared to the 2015 peak of 0.0240, 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 160 TRY
2015 Average 103 TRY
Yearly Trough Low 112 TRY
Transaction Impact: A difference of 47.34 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0319
0.0219
JanuMarcMayJulySeptNove

ISK to TRY 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 0.0232, compared to 0.0271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0232
H2 Avg (Jul–Dec) 0.0271

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0028 TRY (High: 0.0306 / Low: 0.0278). On the other end, April was the most stable month, with a tight range of 0.0004 TRY (High: 0.0231 / Low: 0.0227).

November Spread (Volatile) ±0.0028
April Spread (Stable) ±0.0004

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 0.0002 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0311) against the same month in 2015 (average: 0.0225), the exchange rate shifted by +0.0086 (+38.01%).

2016 Avg (December) 0.0311
2015 Avg (December) 0.0225

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0236 0.0225 0.0231
February 0.0233 0.0227 0.0230
March 0.0230 0.0225 0.0228
April 0.0231 0.0227 0.0229
May 0.0241 0.0228 0.0238
June 0.0239 0.0234 0.0236
July 0.0251 0.0235 0.0244
August 0.0254 0.0248 0.0251
September 0.0263 0.0254 0.0258
October 0.0275 0.0263 0.0269
November 0.0306 0.0278 0.0293
December 0.0319 0.0308 0.0311