YEARLY HIGH
0.6091 ISK
YEARLY LOW
0.4407 ISK
YEARLY AVERAGE
0.5057 ISK

2016 YER to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the YER to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.6091. Conversely, the yearly low was recorded on December 7, dropping to 0.4407.

This high-to-low spread represents a total annual volatility of 0.1684 ISK. From a start-to-finish perspective, comparing the January average rate of 0.6044 to the December average rate of 0.4502, the exchange rate registered a net change of -25.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6091 was down 6.38% compared to the 2015 peak of 0.6506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,045 ISK
2015 Average 3,065 ISK
Yearly Trough Low 2,204 ISK
Transaction Impact: A difference of 841.78 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6199
0.4335
JanuMarcMayJulySeptNove

YER 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 0.5491, compared to 0.4624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0867 points.

H1 Avg (Jan–Jun) 0.5491
H2 Avg (Jul–Dec) 0.4624

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0859 ISK (High: 0.5765 / Low: 0.4907). On the other end, October was the most stable month, with a tight range of 0.0072 ISK (High: 0.4588 / Low: 0.4515).

April Spread (Volatile) ±0.0859
October Spread (Stable) ±0.0072

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 0.0717 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0717

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.6044) against the same month in 2015 (average: 0.6113), the exchange rate shifted by -0.0069 (-1.12%).

2016 Avg (January) 0.6044
2015 Avg (January) 0.6113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6091 0.6011 0.6044
February 0.6024 0.5879 0.5953
March 0.6036 0.5759 0.5888
April 0.5765 0.4907 0.5172
May 0.5029 0.4866 0.4950
June 0.5024 0.4872 0.4938
July 0.4919 0.4784 0.4877
August 0.4816 0.4659 0.4722
September 0.4641 0.4563 0.4591
October 0.4588 0.4515 0.4563
November 0.4537 0.4425 0.4490
December 0.4591 0.4407 0.4502