2017 AZN to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 AZN to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the AZN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 67.3772. Conversely, the yearly low was recorded on June 3, dropping to 57.8453.
This high-to-low spread represents a total annual volatility of 9.5320 ISK. From a start-to-finish perspective, comparing the January average rate of 61.6656 to the December average rate of 61.7507, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 67.3772 was down 20.07% compared to the 2016 peak of 84.2960, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
AZN to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 61.9472, compared to 62.0419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0947 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 6.3641 ISK (High: 66.1341 / Low: 59.7700). On the other end, October was the most stable month, with a tight range of 1.3216 ISK (High: 62.9936 / Low: 61.6721).
Growth Streaks & Declines
TrendsBetween 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 4.4507 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 65.4547) against the same month in 2016 (average: 81.7095), the exchange rate shifted by -16.2548 (-19.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.6221 | 59.0678 | 61.6656 |
| February | 63.8111 | 58.2950 | 61.0637 |
| March | 66.1341 | 59.7700 | 62.9324 |
| April | 67.3772 | 62.4406 | 65.4547 |
| May | 63.4636 | 58.2235 | 61.0040 |
| June | 61.8412 | 57.8453 | 59.5630 |
| July | 63.9938 | 60.3897 | 61.7744 |
| August | 64.5506 | 61.4941 | 62.5063 |
| September | 63.9573 | 61.7294 | 62.6899 |
| October | 62.9936 | 61.6721 | 62.2347 |
| November | 62.5905 | 60.4907 | 61.2956 |
| December | 62.7405 | 60.7687 | 61.7507 |