YEARLY HIGH
0.0124 ISK
YEARLY LOW
0.0107 ISK
YEARLY AVERAGE
0.0117 ISK

2017 GNF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0124. Conversely, the yearly low was recorded on June 3, dropping to 0.0107.

This high-to-low spread represents a total annual volatility of 0.0017 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0122 to the December average rate of 0.0116, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0124 was down 27.07% compared to the 2016 peak of 0.0170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62 ISK
2016 Average 73 ISK
Yearly Trough Low 53 ISK
Transaction Impact: A difference of 8.70 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0123
0.0110
JanuMarcMayJulySeptNove

GNF 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 0.0117, compared to 0.0117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0117
H2 Avg (Jul–Dec) 0.0117

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0010 ISK (High: 0.0117 / Low: 0.0107). On the other end, October was the most stable month, with a tight range of 0.0003 ISK (High: 0.0119 / Low: 0.0116).

June Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0003

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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0122) against the same month in 2016 (average: 0.0168), the exchange rate shifted by -0.0046 (-27.38%).

2017 Avg (January) 0.0122
2016 Avg (January) 0.0168

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0124 0.0119 0.0122
February 0.0124 0.0114 0.0119
March 0.0123 0.0114 0.0117
April 0.0123 0.0114 0.0119
May 0.0116 0.0109 0.0112
June 0.0117 0.0107 0.0111
July 0.0119 0.0112 0.0116
August 0.0122 0.0116 0.0119
September 0.0120 0.0117 0.0119
October 0.0119 0.0116 0.0117
November 0.0118 0.0114 0.0115
December 0.0118 0.0114 0.0116