YEARLY HIGH
128.4912 ISK
YEARLY LOW
110.0026 ISK
YEARLY AVERAGE
120.3812 ISK

2017 EUR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EUR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 128.4912. Conversely, the yearly low was recorded on June 4, dropping to 110.0026.

This high-to-low spread represents a total annual volatility of 18.4886 ISK. From a start-to-finish perspective, comparing the January average rate of 121.4883 to the December average rate of 124.1029, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 128.4912 was down 10.19% compared to the 2016 peak of 143.0775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 642,456 ISK
2016 Average 668,510 ISK
Yearly Trough Low 550,013 ISK
Transaction Impact: A difference of 92,442.77 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

128.0597
111.9739
JanuMarcMayJulySeptNove

EUR 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 117.0194, compared to 123.7429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.7235 points.

H1 Avg (Jan–Jun) 117.0194
H2 Avg (Jul–Dec) 123.7429

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 11.1428 ISK (High: 124.0021 / Low: 112.8593). On the other end, November was the most stable month, with a tight range of 2.8465 ISK (High: 123.6544 / Low: 120.8079).

February Spread (Volatile) ±11.1428
November Spread (Stable) ±2.8465

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 4.5505 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.5505

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 126.7192) against the same month in 2016 (average: 128.7139), the exchange rate shifted by -1.9947 (-1.55%).

2017 Avg (September) 126.7192
2016 Avg (September) 128.7139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 124.6127 118.4428 121.4883
February 124.0021 112.8593 118.6108
March 120.9511 112.3189 116.8245
April 121.3588 115.7485 118.2146
May 116.2404 111.2530 113.6641
June 117.8746 110.0026 113.3144
July 123.8054 116.3252 120.2790
August 128.1574 123.1080 125.1202
September 128.4912 124.5522 126.7192
October 125.3625 122.0474 123.9542
November 123.6544 120.8079 122.2819
December 125.7177 122.6230 124.1029