YEARLY HIGH
0.0399 ISK
YEARLY LOW
0.0334 ISK
YEARLY AVERAGE
0.0362 ISK

2017 COP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the COP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.0399. Conversely, the yearly low was recorded on July 1, dropping to 0.0334.

This high-to-low spread represents a total annual volatility of 0.0065 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0389 to the December average rate of 0.0351, the exchange rate registered a net change of -9.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0399 was down 6.99% compared to the 2016 peak of 0.0429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 199,587 ISK
2016 Average 198,006 ISK
Yearly Trough Low 167,245 ISK
Transaction Impact: A difference of 32,342.03 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0394
0.0336
JanuMarcMayJulySeptNove

COP 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 0.0371, compared to 0.0353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0371
H2 Avg (Jul–Dec) 0.0353

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0037 ISK (High: 0.0395 / Low: 0.0358). On the other end, November was the most stable month, with a tight range of 0.0009 ISK (High: 0.0350 / Low: 0.0341).

March Spread (Volatile) ±0.0037
November Spread (Stable) ±0.0009

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 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.0387) against the same month in 2016 (average: 0.0382), the exchange rate shifted by +0.0006 (+1.53%).

2017 Avg (February) 0.0387
2016 Avg (February) 0.0382

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0398 0.0377 0.0389
February 0.0399 0.0366 0.0387
March 0.0395 0.0358 0.0372
April 0.0396 0.0360 0.0383
May 0.0361 0.0339 0.0351
June 0.0349 0.0335 0.0341
July 0.0352 0.0334 0.0344
August 0.0367 0.0351 0.0356
September 0.0374 0.0351 0.0365
October 0.0364 0.0347 0.0357
November 0.0350 0.0341 0.0346
December 0.0358 0.0343 0.0351