2017 ETB to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ETB to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ETB to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 5.2126. Conversely, the yearly low was recorded on November 27, dropping to 3.7539.
This high-to-low spread represents a total annual volatility of 1.4588 ISK. From a start-to-finish perspective, comparing the January average rate of 5.0639 to the December average rate of 3.8307, the exchange rate registered a net change of -24.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 5.2126 was down 15.55% compared to the 2016 peak of 6.1727, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ETB to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.7416, compared to 4.2149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5267 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 0.6739 ISK (High: 4.5190 / Low: 3.8451). On the other end, December was the most stable month, with a tight range of 0.1046 ISK (High: 3.8738 / Low: 3.7693).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4284 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 5.0639) against the same month in 2016 (average: 6.1165), the exchange rate shifted by -1.0526 (-17.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.2126 | 4.9581 | 5.0639 |
| February | 5.0739 | 4.6834 | 4.9162 |
| March | 4.9911 | 4.6638 | 4.8043 |
| April | 4.9991 | 4.6116 | 4.8277 |
| May | 4.6323 | 4.3122 | 4.4686 |
| June | 4.5561 | 4.2030 | 4.3688 |
| July | 4.6302 | 4.3916 | 4.4881 |
| August | 4.6867 | 4.4471 | 4.5371 |
| September | 4.5979 | 4.4551 | 4.5243 |
| October | 4.5190 | 3.8451 | 4.0959 |
| November | 3.8894 | 3.7539 | 3.8130 |
| December | 3.8738 | 3.7693 | 3.8307 |