YEARLY HIGH
2.6848 ISK
YEARLY LOW
2.1129 ISK
YEARLY AVERAGE
2.3315 ISK

2017 GMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 2.6848. Conversely, the yearly low was recorded on June 3, dropping to 2.1129.

This high-to-low spread represents a total annual volatility of 0.5719 ISK. From a start-to-finish perspective, comparing the January average rate of 2.6241 to the December average rate of 2.2051, the exchange rate registered a net change of -15.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.6848 was down 19.14% compared to the 2016 peak of 3.3202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,424 ISK
2016 Average 14,410 ISK
Yearly Trough Low 10,564 ISK
Transaction Impact: A difference of 2,859.46 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6671
2.1516
JanuMarcMayJulySeptNove

GMD 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 2.4090, compared to 2.2541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1549 points.

H1 Avg (Jan–Jun) 2.4090
H2 Avg (Jul–Dec) 2.2541

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.2372 ISK (High: 2.6367 / Low: 2.3996). On the other end, December was the most stable month, with a tight range of 0.0626 ISK (High: 2.2301 / Low: 2.1675).

February Spread (Volatile) ±0.2372
December Spread (Stable) ±0.0626

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 0.2107 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.6241) against the same month in 2016 (average: 3.2897), the exchange rate shifted by -0.6656 (-20.23%).

2017 Avg (January) 2.6241
2016 Avg (January) 3.2897

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6848 2.5761 2.6241
February 2.6367 2.3996 2.5238
March 2.5065 2.3928 2.4413
April 2.5136 2.3423 2.4404
May 2.3321 2.1447 2.2297
June 2.2914 2.1129 2.1945
July 2.3441 2.2106 2.2654
August 2.3939 2.2536 2.3059
September 2.3515 2.2776 2.3099
October 2.3081 2.2076 2.2411
November 2.2410 2.1663 2.1972
December 2.2301 2.1675 2.2051