YEARLY HIGH
17.2668 ISK
YEARLY LOW
14.7862 ISK
YEARLY AVERAGE
16.1826 ISK

2017 DKK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 17.2668. Conversely, the yearly low was recorded on June 5, dropping to 14.7862.

This high-to-low spread represents a total annual volatility of 2.4806 ISK. From a start-to-finish perspective, comparing the January average rate of 16.3380 to the December average rate of 16.6727, the exchange rate registered a net change of 2.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 17.2668 was down 9.84% compared to the 2016 peak of 19.1514, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 86,334 ISK
2016 Average 89,783 ISK
Yearly Trough Low 73,931 ISK
Transaction Impact: A difference of 12,403.00 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

17.2106
15.0577
JanuMarcMayJulySeptNove

DKK 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 15.7345, compared to 16.6307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8962 points.

H1 Avg (Jan–Jun) 15.7345
H2 Avg (Jul–Dec) 16.6307

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 1.4899 ISK (High: 16.6718 / Low: 15.1819). On the other end, November was the most stable month, with a tight range of 0.3801 ISK (High: 16.6150 / Low: 16.2349).

February Spread (Volatile) ±1.4899
November Spread (Stable) ±0.3801

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 0.6164 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 17.0312) against the same month in 2016 (average: 17.2800), the exchange rate shifted by -0.2488 (-1.44%).

2017 Avg (September) 17.0312
2016 Avg (September) 17.2800

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.7541 15.9324 16.3380
February 16.6718 15.1819 15.9516
March 16.2434 15.1099 15.7099
April 16.3161 15.5604 15.8936
May 15.6312 14.9579 15.2771
June 15.8492 14.7862 15.2371
July 16.6495 15.6457 16.1741
August 17.2319 16.5544 16.8214
September 17.2668 16.7352 17.0312
October 16.8449 16.4012 16.6536
November 16.6150 16.2349 16.4314
December 16.8915 16.4790 16.6727