YEARLY HIGH
81.7559 ISK
YEARLY LOW
70.5944 ISK
YEARLY AVERAGE
77.2397 ISK

2017 BND to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 81.7559. Conversely, the yearly low was recorded on June 3, dropping to 70.5944.

This high-to-low spread represents a total annual volatility of 11.1616 ISK. From a start-to-finish perspective, comparing the January average rate of 79.9406 to the December average rate of 77.8529, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 81.7559 was down 12.46% compared to the 2016 peak of 93.3977, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 408,780 ISK
2016 Average 437,565 ISK
Yearly Trough Low 352,972 ISK
Transaction Impact: A difference of 55,807.89 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

80.6412
72.2334
JanuMarcMayJulySeptNove

BND 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 76.9991, compared to 77.4804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4813 points.

H1 Avg (Jan–Jun) 76.9991
H2 Avg (Jul–Dec) 77.4804

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 5.8060 ISK (High: 81.0651 / Low: 75.2591). On the other end, October was the most stable month, with a tight range of 1.2737 ISK (High: 78.2330 / Low: 76.9593).

March Spread (Volatile) ±5.8060
October Spread (Stable) ±1.2737

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 5.1601 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.1601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 79.9406) against the same month in 2016 (average: 90.7864), the exchange rate shifted by -10.8459 (-11.95%).

2017 Avg (January) 79.9406
2016 Avg (January) 90.7864

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 81.7559 78.1648 79.9406
February 81.3230 76.3425 78.8220
March 81.0651 75.2591 77.7241
April 81.3891 75.7687 78.8668
May 76.3044 71.5204 73.7067
June 75.5679 70.5944 72.9341
July 77.9385 73.9626 76.0585
August 79.5898 76.6743 77.8004
September 80.4206 77.0490 78.8235
October 78.2330 76.9593 77.5238
November 78.0799 76.0408 76.8231
December 78.9583 76.6151 77.8529