YEARLY HIGH
1.1706 ISK
YEARLY LOW
0.9912 ISK
YEARLY AVERAGE
1.0881 ISK

2017 CVE to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 1.1706. Conversely, the yearly low was recorded on June 3, dropping to 0.9912.

This high-to-low spread represents a total annual volatility of 0.1795 ISK. From a start-to-finish perspective, comparing the January average rate of 1.0995 to the December average rate of 1.1215, the exchange rate registered a net change of 2.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1706 was down 9.64% compared to the 2016 peak of 1.2956, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,853 ISK
2016 Average 6,063 ISK
Yearly Trough Low 4,956 ISK
Transaction Impact: A difference of 897.40 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1575
1.0117
JanuMarcMayJulySeptNove

CVE 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 1.0577, compared to 1.1186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0610 points.

H1 Avg (Jan–Jun) 1.0577
H2 Avg (Jul–Dec) 1.1186

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0982 ISK (High: 1.1190 / Low: 1.0208). On the other end, November was the most stable month, with a tight range of 0.0300 ISK (High: 1.1182 / Low: 1.0882).

February Spread (Volatile) ±0.0982
November Spread (Stable) ±0.0300

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 0.0414 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 1.1454) against the same month in 2016 (average: 1.1673), the exchange rate shifted by -0.0219 (-1.88%).

2017 Avg (September) 1.1454
2016 Avg (September) 1.1673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1244 1.0701 1.0995
February 1.1190 1.0208 1.0723
March 1.0961 1.0167 1.0554
April 1.0961 1.0459 1.0681
May 1.0518 1.0006 1.0267
June 1.0646 0.9912 1.0239
July 1.1196 1.0520 1.0873
August 1.1611 1.1142 1.1313
September 1.1706 1.1248 1.1454
October 1.1367 1.1015 1.1221
November 1.1182 1.0882 1.1041
December 1.1383 1.1042 1.1215