YEARLY HIGH
1.7562 ISK
YEARLY LOW
1.4286 ISK
YEARLY AVERAGE
1.5707 ISK

2017 AFN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AFN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.7562. Conversely, the yearly low was recorded on June 5, dropping to 1.4286.

This high-to-low spread represents a total annual volatility of 0.3276 ISK. From a start-to-finish perspective, comparing the January average rate of 1.7120 to the December average rate of 1.5138, the exchange rate registered a net change of -11.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.7562 was down 8.05% compared to the 2016 peak of 1.9100, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,781 ISK
2016 Average 8,904 ISK
Yearly Trough Low 7,143 ISK
Transaction Impact: A difference of 1,638.15 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.7351
1.4588
JanuMarcMayJulySeptNove

AFN 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 1.6080, compared to 1.5334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0746 points.

H1 Avg (Jan–Jun) 1.6080
H2 Avg (Jul–Dec) 1.5334

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.1414 ISK (High: 1.7080 / Low: 1.5666). On the other end, October was the most stable month, with a tight range of 0.0296 ISK (High: 1.5589 / Low: 1.5294).

April Spread (Volatile) ±0.1414
October Spread (Stable) ±0.0296

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1245 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.7120) against the same month in 2016 (average: 1.8946), the exchange rate shifted by -0.1826 (-9.64%).

2017 Avg (January) 1.7120
2016 Avg (January) 1.8946

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7562 1.6848 1.7120
February 1.7237 1.5985 1.6681
March 1.6992 1.5953 1.6375
April 1.7080 1.5666 1.6364
May 1.5713 1.4513 1.5119
June 1.5442 1.4286 1.4818
July 1.5788 1.5004 1.5277
August 1.5936 1.5227 1.5465
September 1.5738 1.5289 1.5512
October 1.5589 1.5294 1.5443
November 1.5488 1.4972 1.5168
December 1.5269 1.4863 1.5138