2017 BAM to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 2.3008 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |