YEARLY HIGH
66.3151 ISK
YEARLY LOW
55.8831 ISK
YEARLY AVERAGE
61.5304 ISK

2017 BAM to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BAM to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 66.3151. Conversely, the yearly low was recorded on June 3, dropping to 55.8831.

This high-to-low spread represents a total annual volatility of 10.4320 ISK. From a start-to-finish perspective, comparing the January average rate of 62.0900 to the December average rate of 63.4481, the exchange rate registered a net change of 2.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 66.3151 was down 9.28% compared to the 2016 peak of 73.0965, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 331,576 ISK
2016 Average 341,741 ISK
Yearly Trough Low 279,416 ISK
Transaction Impact: A difference of 52,160.01 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

65.4952
57.2085
JanuMarcMayJulySeptNove

BAM 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 59.8102, compared to 63.2506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4403 points.

H1 Avg (Jan–Jun) 59.8102
H2 Avg (Jul–Dec) 63.2506

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 5.4538 ISK (High: 63.3653 / Low: 57.9114). On the other end, November was the most stable month, with a tight range of 1.4332 ISK (High: 63.2213 / Low: 61.7880).

February Spread (Volatile) ±5.4538
November Spread (Stable) ±1.4332

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 2.3008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.3008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 64.8046) against the same month in 2016 (average: 65.7688), the exchange rate shifted by -0.9642 (-1.47%).

2017 Avg (September) 64.8046
2016 Avg (September) 65.7688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 63.6613 60.5508 62.0900
February 63.3653 57.9114 60.6851
March 62.0803 57.5001 59.6962
April 62.0412 59.1361 60.3959
May 59.4527 56.8933 58.0950
June 60.2626 55.8831 57.8991
July 63.1728 59.4761 61.4417
August 65.5163 62.9105 63.9307
September 66.3151 63.6405 64.8046
October 64.2942 62.3666 63.3945
November 63.2213 61.7880 62.4838
December 64.3180 62.4010 63.4481