YEARLY HIGH
44.5311 ISK
YEARLY LOW
31.3251 ISK
YEARLY AVERAGE
40.1479 ISK

2016 TRY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 44.5311. Conversely, the yearly low was recorded on December 5, dropping to 31.3251.

This high-to-low spread represents a total annual volatility of 13.2060 ISK. From a start-to-finish perspective, comparing the January average rate of 43.3038 to the December average rate of 32.1464, the exchange rate registered a net change of -25.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 44.5311 was down 22.60% compared to the 2015 peak of 57.5340, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 2,226,555 ISK
2015 Average 2,434,714 ISK
Yearly Trough Low 1,566,256 ISK
Transaction Impact: A difference of 660,298.80 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

45.1045
30.9684
JanuMarcMayJulySeptNove

TRY 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 43.1208, compared to 37.1750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.9459 points.

H1 Avg (Jan–Jun) 43.1208
H2 Avg (Jul–Dec) 37.1750

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 3.2983 ISK (High: 35.9979 / Low: 32.6996). On the other end, April was the most stable month, with a tight range of 0.7398 ISK (High: 44.0820 / Low: 43.3422).

November Spread (Volatile) ±3.2983
April Spread (Stable) ±0.7398

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.0376 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.0376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 43.3038) against the same month in 2015 (average: 56.2345), the exchange rate shifted by -12.9308 (-22.99%).

2016 Avg (January) 43.3038
2015 Avg (January) 56.2345

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 44.5311 42.4372 43.3038
February 44.0274 42.8996 43.4652
March 44.3959 43.5538 43.9265
April 44.0820 43.3422 43.7042
May 43.7862 41.5274 42.0225
June 42.7388 41.7714 42.3028
July 42.5371 39.7859 41.0739
August 40.2806 39.3939 39.8743
September 39.4438 38.0707 38.6950
October 38.0285 36.4298 37.1489
November 35.9979 32.6996 34.1113
December 32.4978 31.3251 32.1464