YEARLY HIGH
3.6538 ISK
YEARLY LOW
3.0959 ISK
YEARLY AVERAGE
3.4225 ISK

2016 THB to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the THB to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 3.6538. Conversely, the yearly low was recorded on December 7, dropping to 3.0959.

This high-to-low spread represents a total annual volatility of 0.5579 ISK. From a start-to-finish perspective, comparing the January average rate of 3.5970 to the December average rate of 3.1468, the exchange rate registered a net change of -12.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.6538 was down 14.16% compared to the 2015 peak of 4.2567, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 913,438 ISK
2015 Average 964,666 ISK
Yearly Trough Low 773,973 ISK
Transaction Impact: A difference of 139,465.03 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.6420
3.1018
JanuMarcMayJulySeptNove

THB 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 3.5508, compared to 3.2941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2567 points.

H1 Avg (Jan–Jun) 3.5508
H2 Avg (Jul–Dec) 3.2941

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.1317 ISK (High: 3.6538 / Low: 3.5220). On the other end, May was the most stable month, with a tight range of 0.0413 ISK (High: 3.5088 / Low: 3.4675).

March Spread (Volatile) ±0.1317
May Spread (Stable) ±0.0413

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 August and September, when the average rate fell by 0.0923 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 3.5967) against the same month in 2015 (average: 4.1964), the exchange rate shifted by -0.5997 (-14.29%).

2016 Avg (March) 3.5967
2015 Avg (March) 4.1964

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6469 3.5567 3.5970
February 3.6303 3.5558 3.5931
March 3.6538 3.5220 3.5967
April 3.5669 3.4927 3.5328
May 3.5088 3.4675 3.4901
June 3.5446 3.4546 3.4952
July 3.4978 3.4371 3.4811
August 3.4471 3.3599 3.3987
September 3.3541 3.2825 3.3064
October 3.2985 3.2191 3.2566
November 3.1989 3.1431 3.1752
December 3.1886 3.0959 3.1468