YEARLY HIGH
18.5389 ISK
YEARLY LOW
13.9954 ISK
YEARLY AVERAGE
15.4386 ISK

2016 TJS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TJS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 18.5389. Conversely, the yearly low was recorded on December 7, dropping to 13.9954.

This high-to-low spread represents a total annual volatility of 4.5435 ISK. From a start-to-finish perspective, comparing the January average rate of 17.6185 to the December average rate of 14.3005, the exchange rate registered a net change of -18.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 18.5389 was down 27.27% compared to the 2015 peak of 25.4911, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92,694 ISK
2015 Average 107,893 ISK
Yearly Trough Low 69,977 ISK
Transaction Impact: A difference of 22,717.32 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

17.9548
13.9188
JanuMarcMayJulySeptNove

TJS 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 16.1876, compared to 14.6897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4978 points.

H1 Avg (Jan–Jun) 16.1876
H2 Avg (Jul–Dec) 14.6897

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 1.9418 ISK (High: 18.5389 / Low: 16.5970). On the other end, October was the most stable month, with a tight range of 0.2430 ISK (High: 14.5743 / Low: 14.3313).

January Spread (Volatile) ±1.9418
October Spread (Stable) ±0.2430

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 January and February, when the average rate fell by 1.3270 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.3270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 17.6185) against the same month in 2015 (average: 24.8912), the exchange rate shifted by -7.2727 (-29.22%).

2016 Avg (January) 17.6185
2015 Avg (January) 24.8912

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.5389 16.5970 17.6185
February 16.5191 16.1122 16.2915
March 16.4918 15.7274 16.0856
April 15.8948 15.5879 15.7473
May 15.9164 15.4550 15.7110
June 15.9143 15.4353 15.6715
July 15.6327 15.2024 15.4977
August 15.2936 14.8100 15.0056
September 14.7811 14.4850 14.5842
October 14.5743 14.3313 14.4954
November 14.4016 14.0432 14.2551
December 14.5401 13.9954 14.3005