2017 CAD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 CAD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the CAD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 88.8090. Conversely, the yearly low was recorded on June 4, dropping to 72.2561.
This high-to-low spread represents a total annual volatility of 16.5529 ISK. From a start-to-finish perspective, comparing the January average rate of 86.4856 to the December average rate of 82.1497, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 88.8090 was down 10.03% compared to the 2016 peak of 98.7114, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
CAD 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 81.1142, compared to 83.3542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2401 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 8.0388 ISK (High: 88.2459 / Low: 80.2071). On the other end, December was the most stable month, with a tight range of 2.4613 ISK (High: 83.5179 / Low: 81.0565).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 6.5308 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 86.4856) against the same month in 2016 (average: 91.6174), the exchange rate shifted by -5.1318 (-5.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 88.8090 | 83.9982 | 86.4856 |
| February | 88.2459 | 80.2071 | 85.0541 |
| March | 85.1441 | 79.6111 | 81.6042 |
| April | 85.1441 | 77.7660 | 82.1204 |
| May | 77.5905 | 73.3508 | 75.5897 |
| June | 79.4452 | 72.2561 | 75.8309 |
| July | 84.8135 | 78.5035 | 82.1277 |
| August | 86.2193 | 82.7585 | 83.9812 |
| September | 87.9892 | 84.5809 | 86.5125 |
| October | 85.2346 | 81.6682 | 83.7357 |
| November | 83.2922 | 80.0564 | 81.6184 |
| December | 83.5179 | 81.0565 | 82.1497 |