YEARLY HIGH
58.6668 ISK
YEARLY LOW
48.7650 ISK
YEARLY AVERAGE
53.3260 ISK

2017 BBD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BBD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 58.6668. Conversely, the yearly low was recorded on June 3, dropping to 48.7650.

This high-to-low spread represents a total annual volatility of 9.9018 ISK. From a start-to-finish perspective, comparing the January average rate of 57.1176 to the December average rate of 52.3997, the exchange rate registered a net change of -8.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 58.6668 was down 10.43% compared to the 2016 peak of 65.4950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 293,334 ISK
2016 Average 301,848 ISK
Yearly Trough Low 243,825 ISK
Transaction Impact: A difference of 49,509.22 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

57.7844
49.7822
JanuMarcMayJulySeptNove

BBD 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 54.0785, compared to 52.5735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5050 points.

H1 Avg (Jan–Jun) 54.0785
H2 Avg (Jul–Dec) 52.5735

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 3.9314 ISK (High: 57.3217 / Low: 53.3903). On the other end, October was the most stable month, with a tight range of 0.8950 ISK (High: 53.2550 / Low: 52.3600).

February Spread (Volatile) ±3.9314
October Spread (Stable) ±0.8950

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 3.7772 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.7772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 57.1176) against the same month in 2016 (average: 64.9730), the exchange rate shifted by -7.8555 (-12.09%).

2017 Avg (January) 57.1176
2016 Avg (January) 64.9730

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.6668 56.1324 57.1176
February 57.3217 53.3903 55.7356
March 56.7100 53.2700 54.6053
April 56.8700 53.0745 55.1704
May 53.2301 49.4900 51.3932
June 52.5650 48.7650 50.4491
July 53.9500 50.9100 52.1312
August 54.4250 52.0950 52.9277
September 54.0250 52.4700 53.1801
October 53.2550 52.3600 52.7395
November 53.1550 51.4171 52.0629
December 53.0200 51.6258 52.3997