YEARLY HIGH
16.9108 ISK
YEARLY LOW
14.3166 ISK
YEARLY AVERAGE
15.7825 ISK

2017 CNY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CNY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 16.9108. Conversely, the yearly low was recorded on June 4, dropping to 14.3166.

This high-to-low spread represents a total annual volatility of 2.5942 ISK. From a start-to-finish perspective, comparing the January average rate of 16.5640 to the December average rate of 15.8982, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 16.9108 was down 15.54% compared to the 2016 peak of 20.0228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 422,770 ISK
2016 Average 455,016 ISK
Yearly Trough Low 357,915 ISK
Transaction Impact: A difference of 64,855.10 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

16.7387
14.6427
JanuMarcMayJulySeptNove

CNY 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 15.7316, compared to 15.8333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1017 points.

H1 Avg (Jan–Jun) 15.7316
H2 Avg (Jul–Dec) 15.8333

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 1.1841 ISK (High: 16.7325 / Low: 15.5484). On the other end, October was the most stable month, with a tight range of 0.2672 ISK (High: 16.0346 / Low: 15.7674).

February Spread (Volatile) ±1.1841
October Spread (Stable) ±0.2672

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 1.0893 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0893

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 16.5640) against the same month in 2016 (average: 19.7948), the exchange rate shifted by -3.2308 (-16.32%).

2017 Avg (January) 16.5640
2016 Avg (January) 19.7948

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.9108 16.2609 16.5640
February 16.7325 15.5484 16.2139
March 16.4623 15.4476 15.8433
April 16.5219 15.3570 16.0203
May 15.4314 14.4747 14.9309
June 15.3958 14.3166 14.8174
July 15.8652 15.0231 15.4014
August 16.2738 15.5103 15.8702
September 16.4338 15.8618 16.1931
October 16.0346 15.7674 15.9129
November 16.1037 15.5782 15.7239
December 16.1903 15.6068 15.8982