YEARLY HIGH
67.3772 ISK
YEARLY LOW
57.8453 ISK
YEARLY AVERAGE
61.9946 ISK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 336,886 ISK
2016 Average 377,797 ISK
Yearly Trough Low 289,226 ISK
Transaction Impact: A difference of 47,659.93 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

66.0439
58.9738
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 61.9472
H2 Avg (Jul–Dec) 62.0419

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±6.3641
October Spread (Stable) ±1.3216

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 4.4507 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.4507

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (April) 65.4547
2016 Avg (April) 81.7095

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