YEARLY HIGH
20.7249 ISK
YEARLY LOW
11.0461 ISK
YEARLY AVERAGE
13.9620 ISK

2016 VEF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 20.7249. Conversely, the yearly low was recorded on December 7, dropping to 11.0461.

This high-to-low spread represents a total annual volatility of 9.6787 ISK. From a start-to-finish perspective, comparing the January average rate of 20.5614 to the December average rate of 11.2750, the exchange rate registered a net change of -45.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 20.7249 was down 6.49% compared to the 2015 peak of 22.1631, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103,624 ISK
2015 Average 104,344 ISK
Yearly Trough Low 55,231 ISK
Transaction Impact: A difference of 48,393.73 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

21.4923
10.3213
JanuMarcMayJulySeptNove

VEF 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 16.3374, compared to 11.5866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.7509 points.

H1 Avg (Jan–Jun) 16.3374
H2 Avg (Jul–Dec) 11.5866

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.9058 ISK (High: 20.5340 / Low: 19.6283). On the other end, October was the most stable month, with a tight range of 0.1878 ISK (High: 11.4997 / Low: 11.3119).

March Spread (Volatile) ±0.9058
October Spread (Stable) ±0.1878

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 March and April, when the average rate fell by 7.5909 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -7.5909

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 20.5614) against the same month in 2015 (average: 20.8103), the exchange rate shifted by -0.2490 (-1.20%).

2016 Avg (January) 20.5614
2015 Avg (January) 20.8103

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.7249 20.4471 20.5614
February 20.4980 19.9997 20.2547
March 20.5340 19.6283 20.0172
April 12.5441 12.3022 12.4263
May 12.5591 12.1986 12.3988
June 12.5580 12.1800 12.3663
July 12.3098 11.9864 12.2140
August 12.0610 11.6774 11.8339
September 11.6329 11.4394 11.5079
October 11.4997 11.3119 11.4364
November 11.3704 11.0851 11.2522
December 11.4976 11.0461 11.2750