YEARLY HIGH
48.4965 ISK
YEARLY LOW
40.8210 ISK
YEARLY AVERAGE
44.7103 ISK

2016 XCD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the XCD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 48.4965. Conversely, the yearly low was recorded on December 5, dropping to 40.8210.

This high-to-low spread represents a total annual volatility of 7.6755 ISK. From a start-to-finish perspective, comparing the January average rate of 48.1100 to the December average rate of 41.6866, the exchange rate registered a net change of -13.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 48.4965 was down 6.37% compared to the 2015 peak of 51.7986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 242,482 ISK
2015 Average 244,068 ISK
Yearly Trough Low 204,105 ISK
Transaction Impact: A difference of 38,377.43 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

48.7622
40.9351
JanuMarcMayJulySeptNove

XCD 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 46.5965, compared to 42.8241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7723 points.

H1 Avg (Jan–Jun) 46.5965
H2 Avg (Jul–Dec) 42.8241

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 2.2271 ISK (High: 48.0500 / Low: 45.8229). On the other end, October was the most stable month, with a tight range of 0.6462 ISK (High: 42.4628 / Low: 41.8167).

March Spread (Volatile) ±2.2271
October Spread (Stable) ±0.6462

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 July and August, when the average rate fell by 1.3919 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.3919

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 48.1100) against the same month in 2015 (average: 48.6575), the exchange rate shifted by -0.5475 (-1.13%).

2016 Avg (January) 48.1100
2015 Avg (January) 48.6575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.4965 47.8472 48.1100
February 47.9551 46.8001 47.3903
March 48.0500 45.8229 46.8664
April 46.2779 45.3835 45.8517
May 46.3356 44.9963 45.7400
June 46.3267 44.9323 45.6204
July 45.5032 44.3185 45.1313
August 44.5836 43.1638 43.7393
September 42.9990 42.2888 42.5401
October 42.4628 41.8167 42.2600
November 42.0288 40.9770 41.5874
December 42.4859 40.8210 41.6866