YEARLY HIGH
58.4185 ISK
YEARLY LOW
48.5285 ISK
YEARLY AVERAGE
53.0307 ISK

2017 BZD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BZD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 58.4185. Conversely, the yearly low was recorded on June 3, dropping to 48.5285.

This high-to-low spread represents a total annual volatility of 9.8900 ISK. From a start-to-finish perspective, comparing the January average rate of 56.8507 to the December average rate of 52.1288, the exchange rate registered a net change of -8.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 58.4185 was down 10.91% compared to the 2016 peak of 65.5725, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 292,093 ISK
2016 Average 302,047 ISK
Yearly Trough Low 242,642 ISK
Transaction Impact: A difference of 49,450.25 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

57.5118
49.5789
JanuMarcMayJulySeptNove

BZD 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 53.8206, compared to 52.2408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5799 points.

H1 Avg (Jan–Jun) 53.8206
H2 Avg (Jul–Dec) 52.2408

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 4.0500 ISK (High: 56.6563 / Low: 52.6063). On the other end, October was the most stable month, with a tight range of 0.9575 ISK (High: 52.9622 / Low: 52.0048).

April Spread (Volatile) ±4.0500
October Spread (Stable) ±0.9575

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 3.6886 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.6886

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 56.8507) against the same month in 2016 (average: 65.1275), the exchange rate shifted by -8.2768 (-12.71%).

2017 Avg (January) 56.8507
2016 Avg (January) 65.1275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.4185 55.9706 56.8507
February 57.0919 53.1169 55.4480
March 56.2908 53.0405 54.3817
April 56.6563 52.6063 54.8459
May 52.9201 49.3639 51.1574
June 52.3836 48.5285 50.2399
July 53.6858 50.7526 51.8447
August 54.3259 51.6772 52.5697
September 53.6026 51.8264 52.7158
October 52.9622 52.0048 52.3756
November 52.9026 51.1232 51.8099
December 52.8041 51.3549 52.1288