2017 FJD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FJD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FJD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 56.5739. Conversely, the yearly low was recorded on June 5, dropping to 46.8647.
This high-to-low spread represents a total annual volatility of 9.7091 ISK. From a start-to-finish perspective, comparing the January average rate of 54.8748 to the December average rate of 50.7536, the exchange rate registered a net change of -7.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 56.5739 was down 7.76% compared to the 2016 peak of 61.3357, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
FJD 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 52.0925, compared to 51.5031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5894 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 4.0840 ISK (High: 50.9488 / Low: 46.8647). On the other end, October was the most stable month, with a tight range of 2.0297 ISK (High: 52.4654 / Low: 50.4357).
Growth Streaks & Declines
TrendsBetween 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 3.8871 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 54.8748) against the same month in 2016 (average: 60.3399), the exchange rate shifted by -5.4651 (-9.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 56.5739 | 53.0842 | 54.8748 |
| February | 55.6140 | 51.9315 | 54.1488 |
| March | 54.3602 | 50.8919 | 52.5801 |
| April | 54.6052 | 50.6382 | 52.9465 |
| May | 50.8867 | 47.4111 | 49.0594 |
| June | 50.9488 | 46.8647 | 48.9455 |
| July | 52.6716 | 49.8605 | 51.3359 |
| August | 54.0748 | 51.6032 | 52.4638 |
| September | 53.9483 | 51.8643 | 52.7221 |
| October | 52.4654 | 50.4357 | 51.5080 |
| November | 51.6759 | 49.4820 | 50.2354 |
| December | 51.7244 | 49.6892 | 50.7536 |