YEARLY HIGH
56.5739 ISK
YEARLY LOW
46.8647 ISK
YEARLY AVERAGE
51.7978 ISK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 282,869 ISK
2016 Average 289,387 ISK
Yearly Trough Low 234,324 ISK
Transaction Impact: A difference of 48,545.61 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

55.4677
48.3525
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 52.0925
H2 Avg (Jul–Dec) 51.5031

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±4.0840
October Spread (Stable) ±2.0297

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 3.8871 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.8871

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (January) 54.8748
2016 Avg (January) 60.3399

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