YEARLY HIGH
0.1795 ISK
YEARLY LOW
0.1455 ISK
YEARLY AVERAGE
0.1645 ISK

2017 CLP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CLP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.1795. Conversely, the yearly low was recorded on June 3, dropping to 0.1455.

This high-to-low spread represents a total annual volatility of 0.0340 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1731 to the December average rate of 0.1651, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1795 was down 5.03% compared to the 2016 peak of 0.1890, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 179,536 ISK
2016 Average 178,461 ISK
Yearly Trough Low 145,502 ISK
Transaction Impact: A difference of 34,033.64 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1755
0.1496
JanuMarcMayJulySeptNove

CLP 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 0.1641, compared to 0.1649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1641
H2 Avg (Jul–Dec) 0.1649

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0140 ISK (High: 0.1782 / Low: 0.1642). On the other end, October was the most stable month, with a tight range of 0.0062 ISK (High: 0.1701 / Low: 0.1639).

February Spread (Volatile) ±0.0140
October Spread (Stable) ±0.0062

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 0.0152 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1731) against the same month in 2016 (average: 0.1802), the exchange rate shifted by -0.0071 (-3.93%).

2017 Avg (January) 0.1731
2016 Avg (January) 0.1802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1795 0.1683 0.1731
February 0.1782 0.1642 0.1733
March 0.1719 0.1614 0.1651
April 0.1729 0.1593 0.1682
May 0.1594 0.1471 0.1530
June 0.1581 0.1455 0.1517
July 0.1632 0.1534 0.1584
August 0.1685 0.1597 0.1645
September 0.1737 0.1658 0.1699
October 0.1701 0.1639 0.1673
November 0.1682 0.1595 0.1643
December 0.1712 0.1588 0.1651