YEARLY HIGH
0.0249 ISK
YEARLY LOW
0.0210 ISK
YEARLY AVERAGE
0.0230 ISK

2016 ZMK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZMK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0249. Conversely, the yearly low was recorded on December 7, dropping to 0.0210.

This high-to-low spread represents a total annual volatility of 0.0040 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0247 to the December average rate of 0.0214, the exchange rate registered a net change of -13.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0249 was down 6.39% compared to the 2015 peak of 0.0266, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 125 ISK
2015 Average 126 ISK
Yearly Trough Low 105 ISK
Transaction Impact: A difference of 19.76 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0251
0.0210
JanuMarcMayJulySeptNove

ZMK 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 0.0240, compared to 0.0220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0240
H2 Avg (Jul–Dec) 0.0220

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0011 ISK (High: 0.0247 / Low: 0.0236). On the other end, January was the most stable month, with a tight range of 0.0003 ISK (High: 0.0249 / Low: 0.0246).

March Spread (Volatile) ±0.0011
January Spread (Stable) ±0.0003

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 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0247) against the same month in 2015 (average: 0.0250), the exchange rate shifted by -0.0003 (-1.14%).

2016 Avg (January) 0.0247
2015 Avg (January) 0.0250

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0249 0.0246 0.0247
February 0.0247 0.0241 0.0244
March 0.0247 0.0236 0.0241
April 0.0238 0.0234 0.0236
May 0.0238 0.0232 0.0235
June 0.0238 0.0231 0.0235
July 0.0234 0.0228 0.0233
August 0.0229 0.0222 0.0225
September 0.0221 0.0217 0.0219
October 0.0218 0.0215 0.0217
November 0.0216 0.0211 0.0214
December 0.0219 0.0210 0.0214